Transfer of name of owner of land from individual name to sole proprietorship concern or OPC

Afshin (Article trainee) (44 Points)

01 April 2024  

Respected Madams and Sirs,

I have a query regarding law, there is an individual who owns a piece of land in his own name alone, He wishes to transfer this piece of land from his own personal name to the name of his own sole proprietorship concern. 

Do you suggest he transfer from his own name to a OPC of his own or any other form of entity? 

What are the various implications here about the perspective of Direct-Tax, Stamp Duty, Documentation, etc

Your advice would be greatly appreciated.