Property transfer

Sir, Don't be afraid to pay the stamp charges, its better to to go for the relinquishment deed .... To be on a safer side its better u don't look for shortcuts .... Better is to take RD and get the same registered in your name ... Warm Regards Kapil Chandna Adv 9899011450

Thank You Kapil but RD involves stamp duty charges + Income Tax on captial gains however Gift deed has only stamp duty and Income tax relaxation. What do you say about this and suggest ? Anyone else would like to give suggestions will be highly appriciated.

Thanks

I subscribe to the views of my friend expert Kapil

I differ with the expert advise of Mr. Kapil Chandna as RD is inapplicable in this case and suggest to get a gift deed registered by your wife (or vice-versa), pay stamp duty and live in peace.

Amount of stamp duty depends on the relationship between the donor and the donee. In your case the duty may be very less.

I agree with expert advise of Dr. Vashista Sir. Thats true... Gift deed is the better option. 

Yes am also agree with the Vashista sir, Ramacharya sir, and Shivshankar Mishra also

Its defined by the upper authority that if any gift deed registered with proper stamp duty and probeted correctly with correct authorities then maker of the gift deed also can not challenge it in any where where Indian laws applicable just need to take care at the time of creation of gift deed and probate and register it with the required stampduty yes there is relation with the both parties hence might be possible the low rate of stampduty involve in the documentation but its permanant as what you required

Executing a registered gift deed will be the best solution to your problem.  If you think of avoiding stamp duty now, you may land up in serious loss later when the other type or transfers do not hold a legal validity and you may stand losing the entire property.  Hence as advised by experts better be in the safe ring by executing a registered gift deed with irrevocable conditions. 

Considering given facts my opinion is Gift Deed will be the best solution to avoid future litigation and on the question of its good marketability in future.