November 19, 2018

Tax implications on a gifted property

Tax implications on a gifted property

Gifting a property is a kind gesture, and it is better to be aware of tax implications for gifting a property.We had a case where Mr Bhushan, an NRI was gifted with land situated in India by his father, a resident Indian. He wanted to know: If a land in India can be gifted by […]

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October 16, 2018

Why and where to invest in property in India

Real Estate investment has always been a lucrative option. It still attracts a lot of investors for building on wealth as it promises good returns. Real Estate covers: Housing sector Retail Hospitality Commercial Indian Real Estate sector is also a good option for NRI investors as there is a lot of scope and potential for […]

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October 9, 2018

Importance of registration of rent deed

Importance of registration of rent agreement

Gurdip Kaur, a middle-aged woman, residing in the UK had rented out her house here in Punjab. Last year she approached us due to a dispute between her & her tenant in India. Although she did have her rent agreement duly signed by both the parties and authenticated by independent witnesses, the agreement was not […]

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