LawRato

Gift deed against notre dame in west bengal legal or illegal


21-Sep-2023 (In Property Law)
gift deed against notre dame in west bengal ligal or illegal
Answers (3)

Answer #1
797 votes
If you are planning to give your personal property to your family members or friends out of love and affection, without expecting money then executing a gift deed and registering it would serve the purpose.
Gifting of a movable property is optional.For details please refer to section 122 &123 of the transfer of properties Act 1882, Section 17 of the Registration Act 1908 & the Indian Stamp Act 1899.
Answer #2
842 votes
Gift deed must be registered.Gift through notary is fully illegal .when somebody gifted any person it must be register in Register office. not only in west Bengal it applicable in all over india.
Answer #3
761 votes
Sir,
Sorry to tell you but I couldn't understand what you want to know 'gift deed against notary' which one is legal? Both are legal but gift deed is much better as it is a registered one and has some value whereas notary is plain notary it is not registered. Now do you want to save tax by getting yourself a piece of property from your your close relative if so than do contact us. I hope I will be able to save your money. Contact us through lawrato

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."