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KARTA PROPERTY OWNERSHIP
Karta’s property not treated as HUF asset if he can prove it was acquired from personal income without use of ancestral assetsThe Supreme Court of India has clarified property division rules for Hindu Undivided Families. A Karta's property is considered self-acquir...20 Feb, 2026, 07.01 AM IST- HUF land dispute reaches Supreme Court: One brother gets 5/16th share, other retains self-acquired propertiesThe Supreme Court has settled a family land dispute between two brothers, awarding one a 5/16th share in ancestral HUF properties. The cour...19 Feb, 2026, 07.51 AM IST
- Wife, son can’t object to sale of 1.7 hectare land inherited by husband as it is not a joint family property, rules Bombay High CourtThe Bombay High Court ruled that land inherited by a son from his father after 1956 is his self-acquired property, not ancestral. This gran...06 Feb, 2026, 04.11 PM IST
- I have written a will with the help of friend. Is it mandatory to register a will in India?While it is not mandatory or legally binding to have a will registered, it is advisable to do so. This is because it makes it much easier t...13 Nov, 2023, 06.30 AM IST
- What is the process of dissolving an HUF (Hindu Undivided Family)?Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.26 Sep, 2023, 10.52 AM IST
- Should the HUF be phased out?ET Wealth talks to experts to draw out opinions on both sides of the argument on whether HUFs should be phased out.12 Jun, 2023, 06.30 AM IST
- How to pick the right nominee for life insurance, bank account, PPF, EPF, mutual funds, stocksWhile a nominee is only a custodian of your assets, choosing the right one can ensure that your legal heirs get their inheritance rightly a...18 Apr, 2023, 04.44 PM IST
- 8 ways of transferring property: Find out which suits you mostThe modes of transfer can be divided into two types: (A) Those where the instrument of transfer needs to be stamped ad valorem and is manda...28 Oct, 2021, 03.29 PM IST
- Inheritance rights of women in own, husband's ancestral property, coparcenary propertyA widow's share in the joint family property of the deceased husband is only up to the share that would have come to him out of that family...11 Jun, 2021, 11.00 AM IST
- Here's what you need to know about the new rules for filing tax returnsThe deadline for filing your return this year has been extended to 31 August, so you have about six weeks to file your return.20 Jul, 2015, 03.33 PM IST
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