Member (Account Deleted)
22 December 2009 at 20:24
My father intended to give a site of 30x40 in bangalore to me (his son) through gift deed. This property is his self acquired property.
1. Is this type of gift to son is valid?
2. After gift to me (duly registered) is it any right over this property to my sister & brother?
3. How much will be the stamp fee for gift to son?
4. Is it any need to mention my sister & brother details (their financial status, marriage, etc.) in this gift deed.
Please kindly answer to my questions. Thanks
dasd
22 December 2009 at 17:43
as per sec 3 of WT act it is specified that trust is assessable as an individual ?
whether income tax act also follow the same treatment if yes what is the section for that? As per sec 2(31) there is no person specified as "trust " among 7 persons?
Ashok Yadav
22 December 2009 at 17:17
I am GPA holder of a agricultural land which is regd. with sub registrar and irrivocable & stampduty of a sale deed (i.e. about 8%) has paid for the GPA. Agreement to sale,will,reciept,affidavit are also executed with that G.P.A.which are un registered
I want to know whether the Executant can cancel the G.P.A. or not, is that GPA is valid transfer of property.
Sanji-Paul Arvind F
22 December 2009 at 14:22
Dear Sir's,
We are a christian joint family. There were six childrens for my grandmother 3 males 3 females. All 3 men are expired (2 unmarried) and i am the eldest son's eldest son. 2 women are married and 1 unmarried is with me. I want to clarify if the 3 women can have equal share of the property which solely belongs to my grandmother and there is no will registered on the property, which is taken care by me.
Nilesh Shah
22 December 2009 at 10:38
A partner wants to introduce his immovable property in the firm as his capital contribution.
What will be the amount of stamp duty payable either by the firm or the partner under the Bombay Stamp Act.
Thanks.
Sincerely,
Nilesh Shah.
Anonymous
22 December 2009 at 10:05
DEAR Experts of the forum,
An occupant of land/ (as a Koweldhar ? No written document) for a period of 12 years, have (any) right to Enter in to Agreement of Sale or GPA for the land to a third party without informing/ (notice to) the Pattedhar ? This case pertaining to State of A.P.
Thanking you all in advance.
Anonymous
21 December 2009 at 15:03
I HAD SOLD PROPERTY TO A PERSON NINE YEARS BACK,HE GIVE ME CHEQUE FOR CONSIDERATION.CHEQUE BECOME DISHONOURED . HE TAKEN LOAN FROM BANK ON SHARE CERTFICATES BASIS,I HAVE NOT RECEIVED CONSIDERATION ,WHAT TO DO?
DATTA SOLANKAR
21 December 2009 at 13:09
IF “A” PURCHASED A PROPERTY OUT OF HIS SAVING AND EXECUTE THE AGREEMENT IN THE NAME OF A AND B, IN SUCH CASES "B" WILL BECOE THE EQUAL OWNER IN THE PORPERTY IF NOT SPECIFIED OTHERWISE. WHEN B EXPRIES HIS SHARES IN THE PROPERTY WILL BE OWNED BY HIS LEGAL HEIRS.kindly give case law
Anandakumara MB
21 December 2009 at 11:13
What are the points to be prooved to vocate the injunction over the property. The injunction granted by the civil Judge (Jr div) to the mortgagee.
1. Property was mortgaged over 60 yrs ago.
2. Error RTC was presented to court by Mortgagee to get the injunction.
3. POssession was retained by the Mortgagor till today.
4. The same property was mortgaged to Co-operatice society by the Nortgagor.
5. The mortgage original deed is Not availabel by anybody.
Please give the technical ground to vocate the injunction.
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Succession Certificate
Is there a stamp duty implication for obtaining succession certificate for an immoveable property in Hyderabad? What are the typical costs that one needs to incur for the same? Is this mandatory to obtain even if one has a legal heir certificate and all other necessary documents.