capacity of an executor. If the concerned
asset has already devolved on the legal heir under inheritance, then the said
asset shall become property ... were deposited before
the death of Vrajlal C Mehta, yet they will devolve upon the legal
representatives only. Therefore the assessment of the same would
Succession Act, 1956 without leaving behind any will, the land
has thus devolved on the assessee by intestate succession under
Section 8 of the Hindu ... Succession Act whereby ½ share has devolved
on the assessee, Shri Mahaveer and ½ share has devolved on his
brother and son of the deceased, Shri Kalya
54EC. The assessee defended the same by submitting
that the property devolved upon assessee as per the wishes and intent
of his grandmother Mrs. Kantaben ... contention of the appellant is that the property
had devolved on the appellant through inheritance/gift and hence the period for
which the property
this father in 1987, the partnership
firm automatically dissolved and the property devolved to the assessee. The
Ld. Representative for the assessee pointed out that ... factually
emerging that the four plots admeasuring 4648.70 sq.mtrs devolved on the
assessee after the death of his father in February
demise of Mr. Noel Tata in May, 1989 his tenancy/occupancy rights
devolved upon the members of his family residing with him at the time ... tenancy compensation of Rs. 150
lakhs pertaining to the Tata House devolved on the Assessee. Copy of
the said tripartite agreement is at pages
M/S Ashoka Hi-Tech Builders P. Ltd., ... vs The Dcit (Central)-1, Indore on
shares). On passing away of E.G. Raghupathy, his 5000 shares devolved on
4 ITA No.1352/Chny/2018
her daughter Mrs. Vani Raghupathy. Therefore ... shares.
(ii) On the demise of Mr. B.G. Raghupathy the shares devolved
on their daughter Mrs. Vani Raghupathy.
(iii) Thereafter Mrs. Sasikala Raghupathy introduced
challenged
the validity of the Will under which the property had devolved upon
the appellants. By virtue of an order passed in the suit filed
challenged the validity of the Will under
which the property had devolved upon the appellants. By virtue of an order
passed in the suit filed
Sarna that all
the assets of the since deceased assessee had devolved on the appellant as her
spouse and, in fact, the successor
