This discussion explores the tax implications of purchasing a property with your own funds but registering it in a friend's name. While initially raising concerns about potential issues with the income tax department, the consensus suggests it might be permissible if structured as a loan. However, clarity is needed on how the friend will provide the funds and their source to avoid scrutiny.
I am exaggerated by an irrelevant querry. You can purchase a property in your name but cannot gift it because it's not exempted unless the recipient is in blood relation