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Gift tax on property

This query is : Resolved 
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(Querist)
17 January 2013 Hi All,
I need your help.
My question is regarding a property own by my Tayi Ji & she would like to gift a property to my mother. So i would like to know how we can do it? & is there any Tax involve which do we need to pay?
Kindly reply asap.

Best Regards,
Rahul,
Delhi
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Amol S Joglekar

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Amol S Joglekar (Expert)
17 January 2013 Gift within "relative" is not covered under section 56 of income tax act.
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