Arun Parikshat 30 August 2017
Kumar Doab (FIN) 30 August 2017
Yuor cousin being title holder can dispsoe in favor of his father by any valid/registered deed including gift deed, GPA..................
The agent in GPA has to maintain the trust of principle.
Kumar Doab (FIN) 30 August 2017
For other queries on tax consult local counsel specializig in Tax matters with all docs on record e.g; payment transactions, sale deed/agreement etc
You can also post at post at LCI group website; CAClubindia
Siddharth Srivastava (Advocate) 30 August 2017
Arun Parikshat 01 September 2017
I think i wasnt clear
need to transfer property from Nephew to Uncle.
nephew does not want monetary compensation
nephew wants clean and legally compliant method... it shouldnt impact other property sales of his in capital gains and the likes.
What is the best process to follow in Karnataka ?
Can Nephew give gift deed to Uncle ? as family member ?
Kumar Doab (FIN) 02 September 2017
Gift deed is without consideration.
Release deed can be with/without consideration.
The list of relatives for concession/waiver of duty/charges is available at website of authority and in office.............
Check at SRO.............for charges/expenses for deed of your choice and relation as per list of relatives say; son to father!