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Aryan   09 March 2021

Commercial property and gift deed

Someone's father has a shop in Mumbai. Can he gift deed to her daughter? what is the procedure?


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 2 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     09 March 2021

In a major judgement, the Supreme Court has ruled that a father can gift a reasonable portion of his ancestral immovable property to daughters at the time of their marriage or even long after their marriage.

Shashi Dhara   09 March 2021

If it is self acquired no bar to gift.


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