Business Standard

Transfer Of Property

Up to 4th line of Hindu descendants can claim share in ancestral wealth

However, assets inherited from one's maternal grandfather are not regarded as ancestral

Up to 4th line of Hindu descendants can claim share in ancestral wealth
Updated On : 22 Nov 2022 | 7:58 PM IST

Mutation entry doesn't create right in favour of individual interest: SC

Mutation entry does not confer any property right, title or interest in favour of an individual and is only for the fiscal purpose, the Supreme Court has said.

Mutation entry doesn't create right in favour of individual interest: SC
Updated On : 10 Sep 2021 | 2:12 PM IST

Transfer of immoveable property via power of attorney sales: an analysis

Transfer of Immovable Property is generally affected through two modes: One, through a sale deed executed between the buyer and seller which attracts stamp duty of 6% (approx.) of the sale price of the property, and second, through execution of a general power of attorney (GPA), agreement to sell and will by the seller in favour of the buyer, which attracts a significantly lesser stamp duty

Transfer of immoveable property via power of attorney sales: an analysis
Updated On : 29 Nov 2017 | 2:33 PM IST