Is family tree required to gift a property as gift deed by own brother.
If family tree is not available what are the other options.
Kkanhaiya Singhania 20 June 2022
Is family tree required to gift a property as gift deed by own brother.
If family tree is not available what are the other options.
Advocate Bhartesh goyal (advocate) 20 June 2022
You can gift your self acquired property and for that no family tree is required.
Kkanhaiya Singhania 20 June 2022
Thanks for the reply, So my brother can gift me the property we don't need family tree..
I did not get " itself acquired" meaning, so just wanted to make my understanding clear
SHIRISH PAWAR, 7738990900 (Advocate) 20 June 2022
Hello,
Any person can gift his self-acquired property by way of a gift deed. The gift deed has to be a registered gift deed by paying stamp duty and registration charges.
Sefl acquired means property purchased from one's own income.
Kkanhaiya Singhania 20 June 2022
Thankyou for the reply