94+ Lawyers are online 
Gift deed vs sale deed and tax related issues
04-Mar-2023 (In Property Law)
My unmarried aunty wants to give her flat to me. But instead of gift deed she is doing sale deed so that in future no one can challenge her gift deed. But as there is no money transaction, what should we do and what are the possibilities of tax related issues ?
Dear Client,
As per the details provided by you my legal suggestion would be that your Aunt is right in two ways as the stamp duty chargeable in your case will be same as that of in sale deed so no extra benefit in executing a gift deed and moreover why to give any chances of challenging a gift deed by any of near relatives of your aunt.
As per the details provided by you my legal suggestion would be that your Aunt is right in two ways as the stamp duty chargeable in your case will be same as that of in sale deed so no extra benefit in executing a gift deed and moreover why to give any chances of challenging a gift deed by any of near relatives of your aunt.
Helpful?
Adv. Vikram Ojha
Kolkata | 200+ Answers
CONTACT NOW
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 Property 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."
