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129 Answered
If an immovable property is to be transferred via a gift deed, are there any taxes to be paid on the same?
A week ago, I paid the token on a residential property I was planning to buy. Now due to some reason I have to move to another city. Is it justified for me to expect a 100% refund, since it has only been a week?
Firstly, can a will be broken? What needs to be the case, if it can be broken? Secondly, my wife's grandfather had a property and he made a will which stated that the property should be shared only between 2 children out of the 5. He promised agricultural lands to the other 3 children. But the will states that the three children will receive a sum of one lakh rupees from the 2 children who got the property. Now, one of them has claimed the money. Are there any chances that the other two would ask for equal share in the property?
I own a piece of land in Thane jointly with my three brothers. Now we have approached a builder to build a residential property on that land. We have received two offers from the builder. One, he will pay us 40-60 lakhs and 4 2BHK flats. Two he will give us a lumpsum amount of 2.5 crores. Will the proceeds from this development be taxable, and if so what will be the tax rate in each scenario?
My dad and his friend jointly purchased a land in UP 11 years ago. Although my Dad and his friend both paid the money equally by cheque the registration document only includes my dad's friend's name. For 11 years now my dad has the possession of the land and he is also running a factory there. As there is no contract between my dad and his friend stating the possession of the land my dad's friend now claims that the entire property belongs to him. Is there any way we can take legal action against my dad's friend and claim the property?
I wish to register a gift deed but don't know the charges, does anyone know what the charges are?
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