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Kkanhaiya Singhania   20 June 2022

Query on gift deed

Is family tree required to gift a property as gift deed by own brother.

If family tree is not available what are the other options.



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 6 Replies

Advocate Bhartesh goyal (advocate)     20 June 2022

You can gift your self acquired property and for that no family tree is required.

KUNAL   20 June 2022

if its self acquired, no.

Kkanhaiya Singhania   20 June 2022

Thanks for the reply,  So my brother can gift me the property we don't need family tree..

 

I did not get " itself acquired" meaning,  so just wanted to make my understanding clear

SHIRISH PAWAR, 7738990900 (Advocate)     20 June 2022

Hello,

Any person can gift his self-acquired property by way of a gift deed. The gift deed has to be a registered gift deed by paying stamp duty and registration charges. 

Sefl acquired means property purchased from one's own income. 

KUNAL   20 June 2022

self acquired means purchasing property out of your own income

Kkanhaiya Singhania   20 June 2022

Thankyou for the reply


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