GIFT OR LAND TRANSFER

customer service

 

AS WE ARE OUT OF COUNTRY WE TRANSFERED THE PROPERTY IN MY WIFE BROTHER NAME NOW WE WANT TO SELL THE PROPERTY 
CAN MY WIFE BROTHER SELL THE LAND AND DEPOSIT  THE MONEY IN MY WIFE NAME IN INDIA A/C  AND WHAT WILL WE REQUIRE TO SHOW THAT THE MONEY WE DEPOSIT WAS FROM THE LAND WE SOLD 
OR IS IT POSSIBLE THAT MY WIFE BROTHER GIFT THE MONEY TO HER SISTER 
 
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Advocate

Let your brother-in-law gift the amount to your wife.

 
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customer service

BUT WHAT ABOUT INCOME TAX AND WHAT DOCOMENT WILL I HAVE TO SHOW AS  THE PROPERTY IS WORTH RS  2 CRORE  

 
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ADVOCATE

Your wife appoint a power of attorney person like byour rother - in - law by Power of Attorney for only sing in the document of Agreement for Sale and Sale Deed etc. as per requirement of registrar office. Then he sell this property and the payment receive your wife name is mention in sale deed then u deposit these amout in your wife a/c.

 
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