My parents are both from Kerala, and they have a house there. After my father passed away two years ago, my mother legally transferred the house to me. We all live together in West Bengal. The deed was written in Malayalam, which I don’t understand, so I relied on my cousin in Kerala to handle everything.
I recently declared this property to my government office, as required by their rules. However, they are questioning the 10 lakh rupees mentioned in the deed, which was supposed to be the purchase price. The truth is, no money was exchanged – it was just a way to document the transfer.
I’m worried because I honestly followed the rules and declared my property, while others may not have done so. I’m not sure how to explain this situation to my office. How can I clear myself from this misunderstanding?
Best Answer
You can explain to your office that the 10 lakh rupees mentioned in the deed represents a nominal consideration, not an actual purchase price. This is a common practice in family property transfers, especially when no money is exchanged. You should provide documentation, such as your father’s death certificate and the transfer deed, to support your claim.
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