What is the defination of self acquired property ? In the case father can will or transfer the property which is purchase from joint (father + son) income to others sons/daughter.
Anish Thakur 7018812737 (advocate) 08 September 2012
self acquired property is that property is acquired by a person individually from his earning ,
the property bought by joint earnings of father and son is joint property and if both are co owners then father can only gift his share not of the son .