Ancentral property

Amulya Kumar Mishra (Querist) 08 February 2015 This query is : Resolved
My grand mother had certain landed property
which was transferred to my father and his 3 brothers..whether sons and daughters of my uncles claim as it ancentral property or the property will be treated as se;f acquired property as the property do not belong to my grand father...More over whether it will be treated as stree dhan and after transfer it will be treated as self acquired property at the hand of my father and his 3 brothers

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Anirudh (Expert) 09 February 2015
Only those property which come from male ascendent to a decendent is 'ancestral'.

In the instant case the property was in the name of a female. It can never be an ancestral property.

The property in the name of the grand mother was purely her self-acquired property.

The question of treating it as stree dhan etc., etc., does not even arise.

Amulya Kumar Mishra (Querist) 09 February 2015
She had received the property in a gift...will it be treated as self acquired ?

Anirudh (Expert) 09 February 2015
Yes. It will be her personal property.

Rajendra K Goyal (Expert) 09 February 2015
In the given facts the property would be treated as self acquired property.

Dr J C Vashista (Expert) 10 February 2015
I have similar opinion as advised by experts.

Advocate Bhartesh goyal (Expert) 10 February 2015
Properly received through registered gift deed,will be a deemed as self acquired properly.

Guest (Expert) 10 February 2015
Please clarify, whether the property was transferred to your father and his 3 brothers through some registered sale deed, gift deed?

T. Kalaiselvan, Advocate Online

(Expert) 11 February 2015
Now the property transferred subsequently on the beneficiaries name will become the self acquired property of all those beneficiaries

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