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komatti vardhaan   16 July 2023

Fake transaction issue

My father gave me property through will deed to me , my brother got property from my mother . After my father death , my brother created fake will deed in my father name to claim my property with the help of my cousin brother ( advocate) .after that he sold the property to my cousin brother ( advocate) as per they plan and asking the court to give my property to my cousin.  Here real issues is 

1. There is no real money transactions takes places between my brother and my cousin's  because amount is nearly 15lakhs both are not that much rich I can confidential say that no money transaction takes they just pay registration charges of documents

2 . A Police officer  suggest as to complain on my brother that he didn't pay capital gain tax within three year time period to INCOME TAX DEPARTMENT so that  they investigate and if they found no transactions it will useful for court . My brother didn't purchase during three years of time     3. Is complaining income tax good or bad ??? Is there any other departments to handle this type of cases ??? 

 

 

 

 



Learning

 2 Replies

T. Kalaiselvan, Advocate (Advocate)     17 July 2023

If your brother had sold the property to your cousin for a valid consideration then he is liable to pay capital gains tax which should be computed from the date of acquisition of the same by your father(original owner )

Therefore you can give a complaint to the income tax department with the details of sale of the property.

 

Dr. J C Vashista (Advocate )     17 July 2023

How many times you will be repeating same story again which has already been repeated and obliged earlier, as observed from your profile some of them are:

posted a new topic in forum Loop hole in will deed

posted a new topic in forum Fake transaction issue

posted a new topic in forum Unregistered will deed witness problem

posted a new topic in forum Unregistered will deed witness problem

replied to a topic in forum How to cancel unregistered will deed through witness help ???

posted a new topic in forum Will deed issue

replied to a topic in forum How to cancel unregistered will deed through witness help ???

posted a new topic in forum How to cancel unregistered will deed through witness help ???

Read more at: https://www.lawyersclubindia.com/profile.asp?member_id=956267


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