Dear Sir / Madam,
During FY 2017-18, Mr. A's mother gifted her house in Mumbai to Mr. A, her son. Now in FY 2018-19, Mr. A wants to gift the same house to his daughter Ms. C. He is ready to pay the stamp duty as per prevailing laws.
Is it possible to gift the property received in gift? If yes or no, what are the implications?'