You can proceed with such a transfer via Relinquishment deed. It can be with or without consideration.
The tax on capital gains is applicable but only on the portion of the property that is being relinquished.
Read more: What is relinquishment deed How to save long term capital gain taxYour Feedback Matters! How was this Answer?
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2 brothers want to sell their share of property to their 3rd brother. What is the rule to transfer ownership other than registry process, so that I could save registry charges.
Aditya Srivastava
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2022-08-22T14:22:34+00:00 2022-08-22T14:22:36+00:00Comment
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