Gift deed: required Or not?
This query is : Resolved
Quick Summary
Rupal jain
(Querist)
16 December 2020
A person buys a flat in the name of her daughter. Is it necessary to execute a gift deed?
And, if yes, can a gift deed be executed at a date later than date of buying the property
And, if yes, can a gift deed be executed at a date later than date of buying the property
CA R SEETHARAMAN
(Expert)
17 December 2020
No gift deed required in such a case as purchase of flat is in the name of the daughter.
Rupal jain
(Querist)
17 December 2020
Thank you for the resolution Sir
CA R SEETHARAMAN
(Expert)
17 December 2020
You are welcome............
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