contnd. question
PrnBCRBant
(Querist) 23 October 2009
This query is : Resolved
Dear sir,
in continuation of question about a Muslim father settling or gifting the property to his son., please suggest me a remedy to my problem about transferring the property to one of the son, if all others agree, ready & willing to give away.
further, as you said in your reply, he can sell the property to anyone, whether he can sell the same to the son only & if the sale is in favour of his son whether the duty payable on the sale is same as if the property is sold to any third party.
finally please suggest me way out for transferring the property if all questions put to you fail. as this is a urgent one. thanks lot for the reply so far given & was very knowledgable too. thank you.
Raj Kumar Makkad
(Expert) 23 October 2009
If all other sons are ready then will can be made in favour of one son also. There is no hurdle in this matter. if father wants to make sale in favour of any person including either of his son, he can also do this. In case he make sale of his property in favour of either of his sons, the stamp duty shall be payable at in paid in all other cases because the sale-deed is to be registered as per state rules before registrar.
adv. rajeev ( rajoo )
(Expert) 24 October 2009
If it is your self cquired propeerty then u can gift the property to only one son, need not to take consent of others.
Same stamp duty is applicable.