Hello ,
My cousin wants to get a gift deed registered for a house which is self acquired property from her father paying stamp duty lower than FMV.
1) She got married recently in december, If she wants to get the house as a gift for her marriage, Is it possible now? If so, What is the duration in which she can get it gifed.
2) Is it taxable to my cousin, if her father executes gift deed without consideration of market value?
3) Can that deed be objected by coparceners(Her father's first wife daughters)?
Pavan
