Whether the gift is valid or not?

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SIDDHARTH KOTHARI (Querist)
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06 June 2012 Dear friends ,

Mrs.X ownd a house. She gifted the house to her relatives by preparing the gift deed and paid the stamp duty on the same.At the time of transfering the property by the revenue authority claimed that this gift deed is void-ab -intio and the the tranfer of the property as gift can not be considered.

Wheteher the Claaimed made by the revenue authority is corrrect??

Is there any judgement relating to above case is found then kindly requested to refer the same.

I also want to know that is there any law relating to the Gift is prevailing ,if yes then kindly requested to give the name of the same.

Ca Anand Dubey

Ca Anand Dubey (Expert)
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06 June 2012 Can you please explain that who was that relative to whom she transferred the assets

SIDDHARTH KOTHARI

SIDDHARTH KOTHARI (Querist)
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06 June 2012 Sure...
Assume the Family as below:
Mr.X and Mrs X ,they have not child.
Mr X has Four Brothers,Mr.A,B,C and D all are married.Mr.A has two Sons Z and Y.As Mrs X was living with Mr.A and the wives of Mr.Z and Y taking care of her,she has gifted the property in the Joint name of Mrs.Z and Y.

SIDDHARTH KOTHARI

SIDDHARTH KOTHARI (Querist)
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