My NRI brother has bought a house in Maharashtra in his wife'name as first holder and our widow sister as second holder.
1 Now they want to gift the same to our widow sister and transfer in her name
2 Weather it will attract new registration and liable for all duties as applicable in sale of property
or just a transfer of name
3 how it can be shown by our sister in her income tax return of the transfer is done
kindly give us lowest cost solution ,thanks