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Regading gift

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(Querist)
08 June 2015 Hello
Plz tell me, if grand father gifted a immovable property to his grand son through declaration on gift deed of Rs. 500/- but this property is not get registered at sub registrar, then there will be any issue at time of scrutiny
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Amol S Joglekar

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Amol S Joglekar (Expert)
08 June 2015 The question to be asked is "is it a VALID transfer?"

The common answer would be, it is NOT a valid transfer and accordingly it will be handled at the time of scrutiny
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