Results for #legal


facebook twitter linkdin

display picture
Answered on November 09, 2017
  • share
  • As per the provisions of the Income Tax Act the right in property would be dependent on who actually has made payment for the same. In this case, since the payment has been made by Raj, however, the Agreeement stands in the name of Raj's father unless Raj files a suit for ownership of the property in his exclusive name or gets the property transferred in his exclusive name, Raj's brother can de...
    (View more)





    facebook twitter linkdin

    display picture
    Answered on November 09, 2017
  • share
  • According to Section 56(2) of the Income Tax Act, the gift of flat received by your daughter shall be exempt, as it is a gift received from relative. On registering the gift deed the stamp duty and registration fees needs to be paid. There will be no gift tax on the said transaction.


    facebook twitter linkdin

    display picture
    Answered on November 09, 2017
  • share
  • You can file a suit for seeking possession of the flat or in the alternative approach the authority under RERA seeking compensation for delay in handing over possesion of the flat and also for possesion of the same.

    facebook twitter linkdin

    display picture
    Answered on November 09, 2017
  • share
  • Unless the land is transferred to your name and/or the name of organisation of partner owners, the receipts issued by the local municpality in the name of the Developer and yourself is perfectly legal.