Gift of House Property

Hi Friends.... my query is 1) If i gift a house property to any of my relative, then what will be the treatment for me??? 2) What if i gift it to a non-relative individual???
Replies (1)

1) Treatment from whom? The donee relative will treat you like  god.

2) If it is non-relative then he will wonder why...?

If your question is reg tax authorities, then nothing.

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