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2001 (11) TMI 76 - SC - Income TaxWhether section 15(1) of the Act will apply or section 15(2) of the of the Hindu Succession Act, 1956 will apply? Held that:- The source from which she inherits the property is always important and that would govern the situation. Otherwise persons who are not even remotely related to the person who originally held the property would acquire rights to inherit that property. That would defeat the intent and purpose of sub-section (2) of section 15, which gives a special pattern of succession. This court in its judgment dated March 31, 1999, held that clause (a) of sub-section (2) of section 15 is the appropriate rule to be applied for succession of the property left by the deceased, Smt. Santi, and we find no reasons to take a different view. Thus, the appeal is allowed. Parties to bear their respective costs. Revised decree be drafted showing the newly added respondents on the party array.
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