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Wednesday, 23 August 2023. Stocks. Mutual Funds ...
A registered gift deed transfers property ownership permanently and cannot be revoked unilaterally, unless specifically ...
GIFT DEED A Gift Deed is a legal instrument executed to document a valid transfer of immovable property in form of a gift as per the provisions of the law.
Immovable property as gift The taxation aspects of gifting an immovable property from the perspective of the donor (i.e. the giver of gift) is as discussed i.e. it would be exempt under section 47 ...
The registration of the gift deed in this case is not mandatory. Only gift deeds that contain immovable property as a gift to kin or third party needs to be registered. I had taken a car loan last ...
A gift of immovable property is normally effected by a gift deed and not through a pre-printed transfer form. Therefore, it would be advisable for your uncle to execute a gift deed. Queries and ...