https://www.taxtmi.com/caselaws?id=310828 Property received under a will is treated as the beneficiary's individual property unless the testament clearly shows an intention that it should be held as ancestral or family property. On the will's construction, the absence of any such indication meant the immovable property and shares devolving on the assessee could not be treated as HUF property. The assessee therefore held them in his individual capacity and not as Karta of a Hindu Undivided Family, and the prior view that the inherited property was personal property was followed. en-us Thu, 17 Jul 2003 00:00:00 +0530 Mon, 20 Nov 2023 12:14:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310828 Property received under a will is treated as the beneficiary's individual property unless the testament clearly shows an intention that it should be held as ancestral or family property. On the will's construction, the absence of any such indication meant the immovable property and shares devolving on the assessee could not be treated as HUF property. The assessee therefore held them in his individual capacity and not as Karta of a Hindu Undivided Family, and the prior view that the inherited property was personal property was followed. Case-Laws Income Tax Thu, 17 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310828