Assessee is resident individual aged about 80 years.He has two sons and some of the properties of d assessee are registered in the name of his sons.They are not interested to coming back to India.Now father wants to sell the said assets.My question is,is it possible to sell the said assets by father acting his sons behalf.If possible under which section.Please guide me n its urgent.
Menu
Transfer of asset in india by non-residents
Replies (3)
By way of GPA obtained from the owner son/s in his favour. Either sighed and registered with sub-registrar in the jurisdiction of the property in person. OR executed in the country of residence of the son/s, and attested by Indian Consulate/Embassy.
Thank you sir for your kind response.
Most Welcome
Recent Threads
- Rental Income from a Joint Holding property
- Itr 4 return filing question
- Whether GST applicable on Hardship Compensation pa
- ITC cannot be denied to Bona Fide Buyers for Suppl
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
- Tds penalty for in operative pans
- TDS on Property- 26QB filing Doubt
Related Threads
CAclubindia
