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Prabhash Upadhayay   23 August 2018

Gift Deed

can a Hindu Father-in-law execute a GIFT DEED in favour of his daughter-in-law in JHARKHAND States. Whenever his son is alive.


Learning

 2 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     23 August 2018

A Hindu person can gift his self acquired property to any of his relatives and even to outsiders.  The Stamp duty to be paid is different between the family members (wife/husband, son, daughter, brother and sister) and other family members and outsiders.  And the stamp duty varies from one State to other State.  consult in local registrar office for stamp duty and fees etc., details.

G.L.N. Prasad (Retired employee.)     24 August 2018

 Remember the first sentence in the reply:  All this only if the donor has acquired property exclusively in his own and not as a co-sharer


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