My Client is facing the following situation:
He is currently staying in Gujarat from 20 years. He wants to bring into his books (i.e Balance Sheet) land & building owned by his deceased father. His father had died 20 years ago. His father in his will has stated that "all his belongings will belong to his son after death". No particular property or item is mention in that will. This property is in Rajasthan and was owned by his father and forefathers. How should the assesse bring this property into his own books. What is the legal way and the best way.
Please provide all the details step-wise... i.e. whether to make a will, whether to get the property registered on his own name etc. etc..
Please help very urgent...!!!
CAclubindia
