assessee is tenant for last almost 40 yrs. now the owner intends to sell the property to the tenant. what is the best option to tenant: 1. buy out at market / guideline value ? -this is quite high; 2. receive it as gift from the owner ? owner is ready subject to that the gift tax is borne by the tenant. will this gift be justified ?(amount is to the tune of 200 lacs value)
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