https://www.taxtmi.com/caselaws?id=5940 Property inherited by a son from his father under Section 8 of the Hindu Succession Act, 1956, retains the character of the son's separate property and does not become coparcenary property in his hands merely because he has sons of his own. The Act is a codifying statute with overriding effect, and its succession scheme, including the rule that heirs take as tenants-in-common, displaces any inconsistent pre-existing Hindu law. As a result, income and wealth arising from such inherited property are not assessable in the hands of the son's Hindu undivided family but belong to him individually. en-us Wed, 16 Jul 1986 00:00:00 +0530 Thu, 26 Oct 2017 16:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5940 Property inherited by a son from his father under Section 8 of the Hindu Succession Act, 1956, retains the character of the son's separate property and does not become coparcenary property in his hands merely because he has sons of his own. The Act is a codifying statute with overriding effect, and its succession scheme, including the rule that heirs take as tenants-in-common, displaces any inconsistent pre-existing Hindu law. As a result, income and wealth arising from such inherited property are not assessable in the hands of the son's Hindu undivided family but belong to him individually. Case-Laws Wealth-tax Wed, 16 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5940