Gifting a property to son by father without will
05-Feb-2023 (In Family Law)
Can a father gift immovable property to his son without will
Is property gift from parents taxable?
If you receive cash or gifts up to Rs. You do not need to pay gift tax if you receive gifts or cash up to Rs. If you receive a gift from your parents or spouse, your siblings, your in-laws or any other relatives, such as your close family, then there is no tax obligation.
Can a son give money to his mother?
Answer- Yes, a daughter or son may give a gift to a mother or father. The section 56(2)(x), which applies to money or property that is received by a relative, does not apply.
How do I transfer my flat from my son to my mother?
You can gift immovable property by drafting a deed, having it attested by 2 witnesses and registering it at the registrar’s office. The Registration Act of 1908 stipulates that the transfer of immovable property must be registered. Otherwise, it will become invalid. 24-Aug-2023
Can my uncle gift me property?
Owners of immovable properties can give them to relatives or third parties. Gifts are only valid if they are made freely and without any consideration. 06-Oct-2023
can son gift property to mother
Can son gift property to mother in india
Can uncle gift property to nephew in India
Can husband gift property to wife in India
How to gift land to family member
Capital gain on transfer of immovable property as gift
Gift deed from Son to mother stamp duty
Hello
Yeah a gift to a son can be given by a father of immovable property without doing will.
Will you can go through a gift deed or either you can go through an affidavit and that too can be registered so you need not to worry it can be done easily kindly contact to your advocate at Tahsil.
Yeah a gift to a son can be given by a father of immovable property without doing will.
Will you can go through a gift deed or either you can go through an affidavit and that too can be registered so you need not to worry it can be done easily kindly contact to your advocate at Tahsil.
yes, father can executed a gift in favour of his son without executed will. In Muslim law Oral gift is also admitted in law, There are three conditions fulfill, first is declaration by the donor. Second is acceptance by the donee. Third is delivery of possession. All three conditions fulfilled then gift is completed.
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.
Connect with top Family lawyers for your specific legal issue
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."