Bollywood actor Sanjay Dutt gifted his spouse Maanayata Dutt 4 flats value round Rs. 100 crore positioned within the upscale suburb of Mumbai. Nonetheless, inside every week, Maanayata returned the present as reported by Cash management.
The 4 residences gifted by Dutt are within the Imperial Heights constructing in Pali Hill in Bandra which is residence to a number of wealthy celebrities. In line with reviews, two of the flats are on the third and fourth flooring whereas there’s a penthouse on the 11th and 12th flooring.
The residences include two open and 15 stilt automobile parking areas on the bottom and decrease floor flooring. In line with the present deed, Rs. 26.5 crore is the circle price, or the worth decided by the federal government for the 4 properties however reviews declare that the market worth of the items is greater than Rs. 100 crore.
Studies additionally recommend that the primary present deed was executed by Dutt on December 23, 2020 and Maanayata returned them on December 29, 2020. As per the reviews, a authorized skilled stated that gifting property to relations is a typical observe however not its reversal. The skilled instructed that it may need one thing to do with tax restructuring.
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