https://www.taxtmi.com/caselaws?id=38149 Property inherited by a son after an accepted prior partition and devolving under section 8 of the Hindu Succession Act, 1956, is treated as his individual property. Where the capital invested in a partnership firm came from that inheritance, the asset did not acquire Hindu undivided family character merely because the assessee had sons. The partnership share therefore remained the assessee's separate property, and any loss arising from it was his personal loss, not a loss of the Hindu undivided family. en-us Wed, 17 Nov 1976 00:00:00 +0530 Sat, 03 Apr 2010 13:56:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38149 Property inherited by a son after an accepted prior partition and devolving under section 8 of the Hindu Succession Act, 1956, is treated as his individual property. Where the capital invested in a partnership firm came from that inheritance, the asset did not acquire Hindu undivided family character merely because the assessee had sons. The partnership share therefore remained the assessee's separate property, and any loss arising from it was his personal loss, not a loss of the Hindu undivided family. Case-Laws Income Tax Wed, 17 Nov 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38149