Querist :
Anonymous
(Querist) 05 June 2010
This query is : Resolved
I am a bit confused with "ancestral property". Some say property unpartitioned for four generation is ancestral property some say's my grandfather's property to me is ancestral property.Plz provide details. Thanks
Kiran Kumar
(Expert) 06 June 2010
ur granpa's property will be ancestral property to u....no criteria of four generations.
Surrender K Singal
(Expert) 06 June 2010
All property, not acquired by your father from his own earned income, would be classified as ancestral
B K Raghavendra Rao
(Expert) 06 June 2010
To be classified as ancenstral property, it should be the property of father, father's father, father's father's father etc. If it is grand father's property it becomes ancestral only if it is father's father's property.
Uma parameswaran
(Expert) 06 June 2010
I am concurred with above suggestion.
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