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dheepak srinivasa (self)     19 August 2023

gift of property

I have a land near Chennai which I want to gift to my daughter.. I am now staying in Mumbai along with her and I am 80 and suffering from various ailments and cannot walk and even to sit for more than 1 hour. how to execute the gift deed in Mumbai in my daughter favor?


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SRIPRAKASH BHATTACHARYA (RETIRED)     21 August 2023

Hope your daughter is mobile. Gifting is not a problem. Being a senior citizen you make take the help of 'State legal Aid Services' OR a good advocate having human attitudes OR a law firm who will do the paper work and other job that may be required for and on behalf of you. Procedures are simple. And gift tax shall be as per relevant guidelines of the state where the property is situated.


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