• personal property

Any land  that has been purchased on one's own  and there hasn't been any profit/use made out of that land, but hadn't been mentioned in the service book ( of central govt. employee), would be considered as an ancestral property?
Asked 3 years ago in Property Law from Purnia, Bihar
No, it would not be considered as ancestral property.
Devajyoti Barman
Advocate, Kolkata
8955 Answers
108 Consultations

5.0 on 5.0

it would be self acquired property of govt employee as it has been purchased out of own funds
Ajay Sethi
Advocate, Mumbai
33815 Answers
1876 Consultations

5.0 on 5.0

No. It will be treated as self acquired property.
Krishna Kishore Ganguly
Advocate, Kolkata
14904 Answers
353 Consultations

5.0 on 5.0

Ask a Lawyer

Get legal answers from top-rated lawyers in 1 hour. It's quick, easy, and anonymous!
  Ask a Lawyer