Gift deed to brother's son.

Bharath (Netadmin) (29 Points)

25 September 2014  

Hi Experts,

 Need an advice, I want to give a piece of land to my brother's son who has lost his parents (my brother & sister-in-law). But I was told that I can transfer a asset to him as a Gift Deed and we cant afford the Sale-Deed as there is no monetary transaction happening in this transfer of assest.

Plesae suggest.

 

Thanks.