https://www.taxtmi.com/caselaws?id=39776 An ancestral impartible jagir governed by primogeniture was treated as Hindu undivided family property because survivorship and maintenance rights subsisted, so compensation payable on resumption was not assessable in the assessee's individual status. Its market value on the valuation dates was, however, includible in net wealth. The sale proceeds of the Garh, also part of the ancestral impartible estate, could be divided among family members without creating a transfer in the legal sense; the division did not amount to a gift and was not liable to gift-tax. en-us Tue, 09 Jan 1973 00:00:00 +0530 Tue, 20 Apr 2010 12:14:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39776 An ancestral impartible jagir governed by primogeniture was treated as Hindu undivided family property because survivorship and maintenance rights subsisted, so compensation payable on resumption was not assessable in the assessee's individual status. Its market value on the valuation dates was, however, includible in net wealth. The sale proceeds of the Garh, also part of the ancestral impartible estate, could be divided among family members without creating a transfer in the legal sense; the division did not amount to a gift and was not liable to gift-tax. Case-Laws Wealth-tax Tue, 09 Jan 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39776