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