Holder of Joint Property : Supreme Court Explains the Legal Aspects

 Holder of Joint Property : Supreme Court Explains the Legal Aspects

An important Judgment was passed by Hon'ble Supreme Court on 10 January 1966.

It has been commented in Gowli Buddanna v. Commissioner of Income-tax, Mysore, Bangalore [1966] GCtR 3044 (SC) thus : - 

"A Hindu joint family consists of all persons lineally descended from a common ancestor, and includes their wives and unmarried daughters. A Hindu coparcenary is a much narrower body than the joint family: it includes only those persons who acquire by birth an interest in the joint or coparcenary property, these being the sons, grandsons and great-grandsons of the holder of the joint property for the time being. Therefore there may be a joint Hindu family consisting of a single male member and widows of deceased coparceners."

Kindly note that full text Judgments of Hon'ble Supreme Court can be downloaded absolutely free of cost (without any charges except internet data) from the official website at the link 

https://main.sci.gov.in/daily-order

Then entering the date of Judgment, for example, as 10 January 1966.

Written by 

Vishal

Delhi

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