Property is paid for by the parent, funds are transferred from parents account to the builder's account bu the property is registered in the name of the child of 22 years of age.
While principal amount of money for the property purchase is paid directory from parents account, For registration and interiors parent transfers the money to child's account as a family loan ( to be repaid later when the child starts earning money ) and the funds are used for the said purpsoe.
Any rents received post the registration of the property will be deposited into the child's account.
Any issues with this with the IT department ?
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