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Yogish (SE)     16 June 2011

Gift Deed of Agricultural land

Dear Lawyers, I need an information regarding the Gift Deed on Agricultural Land. My father of age 67 years(Retd LIC employee) has bought an agricultural land of 1 acre in south karnataka. Now he wants to make an gift deed on my name & my annual income is more than 2 lakhs. Please suggest any legallaties involved in this. Can this Deed be OK.?


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