Can Daughter Gift Her House To Her Father Without Any Tax Or Financial Implication

Asked in Property

  • **************H

    MUMBAI

Expert's Answers(3)

  • Advocate Abhimanyu Gurawalia

    Patli Hajipur, Haryana
      60 Client Ratings

    she can make a deed as in blood relation it is fee of cost in some states as haryana in other states she can make a gift deed which is also have a nominal fee

    October 11, 2020
  • Advocate Satej C More

    Mumbai, Maharashtra
      17 Client Ratings

    Dear Client, Need to make a gift deed and registered the same with the registrar office with payment of stamp duty and registration charges. In case of any further advice please get in touch with me.

    October 10, 2020
  • Advocate J L Naagar

    Jalandhar, Punjab
      169 Client Ratings

    Yours is a matter pertains to the State Exchequer. Every state is having its own Local Laws for revenue purposes. However, for makings a Gift, You have to pay the regular Stamp Papers Fee and the other central taxes on capital gains. In some states some exemption is given for transferring the property to the females but your case is Otherwise. Better it would be for you to Consult Your local Lawyer who will be able to guide you better on the subject. Please give me Rank Five and follow me after reviewing my resume and book a consultation for further discussion and explanation if required.

    October 10, 2020