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Dhondiba   01 November 2019

Gift house to sister, tax query

We are from Indore, House purchased 40 years back by my Maternal Uncle (Mama) is gifted to My mother two years back. We are living in same house since purchased i;e 40 years back, Whereas Uncle is living in Maharashtra.

Tow years back Uncle write on a plain paper with signature that they are gifting this house to Sister.

Now as there is no legal value of that paper, We want to properly registered it to registrar office.

Please guide the process and the tax applicable on it, We have not much money, please suggest where less tax to be paid.

Thanks



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