selvakumar (self) 16 November 2011
If I get the property from my blood relation on settlement deed and if I may actually make the payment by cheque to my brother & his wife and & his co-brother, will it be an issue? Even though it is settlement deed in fact I pay for that and brother wants to avoid the tax. Is there any issue in it? Is it advisable to make payment like that?
K. GOPALAKRISHNAN (ADVOCATE) 16 November 2011
Dear Selvakumar,
You can very well do it, but must pay necessary stamp duty and registration fee for that.
Shailesh Kr. Shah (Advocate) 16 November 2011
CHEQUE PAYMENT WOULD BE BEST.
Rajeev Kumar (Lawyer/Advocate) 16 November 2011
Bharatkumar (ADVOCATE ) 16 November 2011
cheque payment is best way and u registration this deed at registrar office with actual stamp duty and registration fee.
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