Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

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..


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register