• 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 10 years ago in Property Law

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3 Answers

No, it would not be considered as ancestral property.

Devajyoti Barman
Advocate, Kolkata
23350 Answers
522 Consultations

it would be self acquired property of govt employee as it has been purchased out of own funds

Ajay Sethi
Advocate, Mumbai
97594 Answers
7900 Consultations

No. It will be treated as self acquired property.

Krishna Kishore Ganguly
Advocate, Kolkata
27533 Answers
726 Consultations

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