Hi,
I have a doubt about gift deed. My father (laxmanan) has three sons
including me. He had a selfacquired property. He died on 1967. After my
fathers dead, we(three sons) were decide to partition the property on
1973. At the time, the total property worth was Rs. 24,000 and each one
shares Rs 8000. I have decided to surrender my share to my two brothers
and get the equivalent value of money for the partition as Rs8000.
After few months of surrender my share to my brothers, I have bought a
new property worth of Rs 36000 on 1973 itself from other party. I
registered that property on my name and in that i mention this my self
acquired property. I have two sons and two daughters. Now, i made gift
deed of my property on my sons and grandsons after giving a big amount
of money to my two daughters. After getting money, my daughters were
planning to file a case on this gift deed to claim a part of share.
The problem now is that i surrended my share to my two brothers on
1973, on the same year i bought a new property on my own.
My daughters saying that i bought the new property with money getting
from surrender of my share.
i registered the new property in name and i mentionend that the property
is selfearned by me.
will my daughters can able to claim a share in gift deed property?
