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vinoddinpur@gmail.com (vinoddinpur@gmail.com)     21 June 2011

Self acquired property

SIR UNDER HSA 1956 ONE CAN MAKE A WILL ON SELF ACQUIRED PROPERTY (ANCESTRAL PROPERTY WILL BE DIVIDED EQUALLY AMONG ALL LEGAL HEIRS).

SIR IF PROPERTY IS ACQUIRED BY SELLING SOME LAND FROM ANCESTRAL PROPERTY THEN IT WILL BE 

"SELF ACQUIED OR ANCESTRAL".. ALSO TEHRE IS NO PROOF HOW THE PROPERTY WAS PURCHASE..

PLS REPLY IT WILL BE SELF ACCQUIRED OR NOT..

THANKS.......



Learning

 1 Replies


(Guest)

If property is acquired by selling ancestral property, the nature of property will not change to self acquired automatically, the facts plays important role in this , whether the property which was sold out was partitioned or not ,  any other member from joint family having any right in that etc.

If the nature of family of a person is joint, then the nucleus of the family is one , in that case eventhough the person is having any seperate source, the property purchased by that person will be treated as property thrown in joint stock.

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