https://www.taxtmi.com/caselaws?id=25069 Property inherited from a father who died intestate after the commencement of the Hindu Succession Act was held to retain the character of ancestral property in the son's hands. The reference, arising under the Income-tax Act, concerned the nature of self-acquired property devolving by succession on the son. Applying settled principle, the HC concluded that such inherited property does not lose its ancestral character on transmission from father to son. The question was answered in favour of the assessee and against the Revenue. en-us Wed, 27 Apr 1988 00:00:00 +0530 Mon, 25 Jan 2010 11:41:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25069 Property inherited from a father who died intestate after the commencement of the Hindu Succession Act was held to retain the character of ancestral property in the son's hands. The reference, arising under the Income-tax Act, concerned the nature of self-acquired property devolving by succession on the son. Applying settled principle, the HC concluded that such inherited property does not lose its ancestral character on transmission from father to son. The question was answered in favour of the assessee and against the Revenue. Case-Laws Income Tax Wed, 27 Apr 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25069