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NILESH (PARTNER)     08 September 2012

Family

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. 



Learning

 2 Replies

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 .


(Guest)

Self earnd property called seklf acquired property

If ( Father and Son ) joint owner than its call joint property..


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