MAYURESH
(Querist) 14 December 2012
This query is : Resolved
Dear sir/madam, Any land property whether agricultural or not agricultural can be treated as ancestral property merely because of it was transferred by father to son (i.e. owner of the land). And such land can be transferred or not through will,gift deed to his grandson.
Sushil Sharma
(Expert) 14 December 2012
dear friend, your question is not clear. please clear it
Raj Kumar Makkad
(Expert) 14 December 2012
If father had purchased that property then it is his self acquired property and he can manage it during his life time or after as per his sweet whims and wishes like sale, gift, mortgage, will,create charge and may alienate it in the manner he likes.
Guest
(Expert) 15 December 2012
I endorse the views of Shri Raj Kumar Makkad.
prabhakar singh
(Expert) 15 December 2012
If any property was owned by father then on transfer by father to son it became self acquired property of son and he has exclusive right to deal it as an owner as his father was.Ld. Makkad rightly opined.
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