A gift deed is a vital document that needs to be drafted carefully. All mandatory requirements of creating a Gift deed need to be fulfilled to do a valid deed.
Gift Deed: Drafting, Registration, Stamp duty, Tax Implication and FAQ
Tag: Gift Deed Transfer
Transfer by Gift deed is not taxable
Gifts transactions are not taxable in the hands of the donor. For a donee, the gift deed transfer is taxable, but there are exceptions. Gifts are prevalent among family members or close relatives. It is one way of expressing love and affection. People also make gifts to save taxes as some of the Gift transactions are […]