Under the Hindu Succession Act in India, is it possible to renounce my share of my father's property?

Ones share can be renounced in favour of one or more legal heirs who claim the property. Renoucing in favour of the third party, I feel its not allowed for the reason that its like evasion of stamp duty. For exampe, if the property of his share is to be transferred to a third party after the succession certificate is issued, it involves stamp duty for such transfer.

The amendement to Hindu regulation replaced into delivered first interior the A.P., by technique of the then Cheif Minister N.T. Rama Rao,thourgh which daughters are also given equivalent proper alongside with sons. Later I learnt that Cnetral authorities also stated the same, so as that it applies to all Hindus, total Inida. i do not undergo in concepts from which 365 days it got here into pressure. i'm unclear even if the amendemnt applies to a Hindu female married interior the 365 days 1980.

Yes. You can waive your interest only subject to limitation of your proportionate share of the propety/assets in favour of one or more of the remaining beneficiariesi any or a charitable trust.

Yes it is.