thereafter and such a gift would be a valid gift. In this case
8 acres of ancestral immovable property out of 200 acres of land ... such power with regard to the
ancestral immovable property or coparcenary property. He can, however
make a gift within reasonable limits of ancestral immovable property
gifts of movable properties
and such immovable properties as are not joint family
properties. [360 C-E]
Ws gift of immovable ancestral property ... question of gifts of ancestral property is
well-settled. So far as movable ancestral property is
concerned, a gift out of affection may be made
Gift Tax, Patiala-II, Patiala Vs. Man Singh 1980 CLJ
(Civil) 447, the Court was considering the case of gift of ancestral
property. Gift ... Hindu Succession Act itself contains no reference
of saving of gift of ancestral property. The bar against gift of ancestral
property still remains
question of gifts of ancestral
property is well settled. So far as moveable ancestral
property is concerned, a gift out of affection may be made ... provided the
gift is within reasonable limits. A gift for example of the
whole or almost the whole of the ancestral moveable property
cannot
Gift-tax Officer. The plea raised by the assessee was that the gift was invalid because by the gift, ancestral immovable property, which was joint ... ancestral movables within reasonable limits, he has no such power with regard to. ancestral immovable property or coparcenary property. He can, however, make a gift
question of gifts of ancestral property is well settled. So far as movable ancestral property is concerned, a gift out of affection may be made ... other managing member has power to make a gift of ancestral immovable property within reasonable limits for 'pious purposes' (see Mulla
property are ancestral property and item Nos 4 to 8 are purchased out of the income from the ancestral property. As all the properties ... separate property purchased out of his separate income especially when the income derived from the ancestral properties were meagre?
4 Whether the property gifted
property are ancestral property and item Nos 4 to 8 are purchased out of the income from the ancestral property. As all the properties ... separate property purchased out of his separate income especially when the income derived from the ancestral properties were meagre?
4 Whether the property gifted
Gift-tax Officer. The plea raised by the assessee was that the gift was invalid because by the gift, ancestral immovable property, which was joint ... ancestral movable within reasonable limits, he has no such power with regard to ancestral immovable property or coparcenary property. He can, however, make a gift
trial court found that since admittedly, the
suit properties were ancestral properties, the gift deed executed by
Ramasami Asari ... into
her stridhan. Generally such gifts are of movable
property. But even if gifts of immovable property in
such circumstances are possible, the two provisions