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Gift

This query is : Resolved 
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(Querist)
16 September 2014 I want to give my house to my younger brother can i? any problem arise on this gift?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
16 September 2014 there is no problem.......you gift anything to your brother..
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
16 September 2014 No problems. But do make a gift deed for the same.
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dilip

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dilip (Querist)
16 September 2014 is it necessary to change the name in property(House)?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
16 September 2014 Yes. Otherwise what's the meaning of gifting if the ownership does not change.
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