Pradeep Dhruva
(Querist) 30 November 2009
This query is : Resolved
Mrs. A is the owner of the immoveable property and the agreement is duly registered. She wants to part away 50% of the property to her father and the said 50% of the property will be in joint names of Mrs. A & her father. Following is the query:- (1) whether gift tax is applicable ? (2) whether a fresh agreement will be required and also whether it should be registered ? (3) any other query connected with the above matter.
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