Legal Question in Real Estate Law in India

after death of m y father in law , my mom in law and sister in law signed a reliquishment deed and we got property transferred in our name. and also we hve paid money to thm against that. that money we took against loan froM LIC and sold mutual funds and also borrowed from someone. now Income tax department asking details for those transactions. is there any implications in this . all transaction are done through cheques as all white money. pls. suggest


Asked on 11/21/12, 12:37 am

3 Answers from Attorneys

Sanjay Kalra Sanjay Kalra & Associates

No problem . Please check Sanjay Kalra and Associates on the internet to know more about our law firm and the legal services we are rendering for our clients from all over the World.

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Answered on 11/21/12, 12:41 am
Shrichand Nahar S.V.Nahar, Advocate

May be. Check with CA.

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Answered on 7/13/13, 2:34 am


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