Sidhartha Agarwal 19 February 2019
NSV VARA PRASAD 20 February 2019
Benami Transactions (Prohibition) Act applies in this matter. Consult your local Advocate.
G.L.N. Prasad (Retired employee.) 20 February 2019
In any contract there must be some consideration or love and affection to gift , otherwise, you become a Benami of your friend who might have hidden income.
Dr J C Vashista (Advocate) 21 February 2019
It can be purchased for you in your name.
However, if you do not want in your name, ask him to purchase in someother person's or my name..