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Gift to son for purchasing Commercial space

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I wish to purchase e commercial space in the name of my three sons valued over 1 crore. My sons are major, but working as free Lancer and earning only about 25000 pm. I will donate the cost from my account. Should I transfer the required amount as a gift to the accounts of my sons, and then they pay it to the builder, or I transfer it directly to the builder and mention this transfer as a gift. what will be right according to the law. Please guide. Thanks
Replies (3)

Transfer the amount to your son's account amd let them pay to builder after deducting TDS.

Thanks sir for your reply.  I will transfer to my sons as gift. Is it OK?

Yes, that is correct...       Good luck... 


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