GIFT DEED AND DOCUMENTATION IN BENGALURU GIFT DEED AND DOCUMENTATION IN BENGALURU

5 years ago

Dear Sir, I\'m in the process of Gift Deeding my self acquired immovable property to my Sister.
So, I\'ve completed the below documentation;
1) Gift Deed Draft
2) EC - upto date
3) Khata Certifcate
4) Upto date BBMP tax paid receipts.
5) POA to my father. Attested by Indian Embassy (as I\'m NRI).
My Questions;
a) Pls tell me any other tax like TDS / 26QB payment to be made & other documentation requirements for the registration.
b) I have an existing LOC issued under chargesheet sections 420, 406 - Complaint is filed by my own wife & FIL to extort money; hence this Gift deed.
c) My wife & our only girl child: Can they ever claim their share in the property. Or even cancel this Gift Deed anytime later in future. Religion is Hindu.
Your advises will be of great help.

Prabhakara S K Shetty

Responded 5 years ago

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A.Your question is can your wife and her people file a claim ?, Yes they can, as no one can be prevented from filing. But, if the property is self acquired by you, your wife only has right of maintenance, and if you do nt apy up as per order of court, to that extent your gift deed may fail, apart from this, they will not succeed in getting anything more.
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Kishan Dutt Kalaskar

Responded 5 years ago

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A.Dear Sir,
In your self acquired property there will be share to any body except right to maintenance.
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Ashish K Dongre

Responded 5 years ago

A.No your wife and your girl will not claim share if gift deed is register, I suggest you to take professional help of lawyer to avoid any future hassle.
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