clubbing of incomes
This query is : Resolved
Abhishek r vaishnav
(Querist)
23 April 2009
what are the examples of impatricable estate
CA Tilak Raj Sharma
(Expert)
23 April 2009
Impartible estate means the property that cannot be divided into the holders of prperty due to some family conventions.
For Example: A has distributed all of his property between his 3 sons except one building which is occupied by a temple and which is given to the eldest son as per family convention. (All the benefits will be enjoyed by m brothers along with other family members). So this property is to be called Impartible estate and it will hold the eldest son on behalf of other brothers.
For Example: A has distributed all of his property between his 3 sons except one building which is occupied by a temple and which is given to the eldest son as per family convention. (All the benefits will be enjoyed by m brothers along with other family members). So this property is to be called Impartible estate and it will hold the eldest son on behalf of other brothers.
Abhishek r vaishnav
(Querist)
27 April 2009
thanks
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