If a person wishes to gift a property to someone, he can do so through a gift deed. According to Section 122 of the Transfer of Property Act, 1882, property is transferred through a … READ FULL STORY
Gifting of a house property in India has certain income tax and stamp duty implications. Stamp duty on gift deeds in India varies from state to state. Stamp duty on gift deeds can vary … READ FULL STORY
When you are buying a property, you have the choice to become its single owner or invest through co-ownership. As the name suggests, in single ownership, there will be only one owner that is … READ FULL STORY
A gift of property, involves conferring the ownership of one’s property on to another, through a gift deed. Gifting a property through a gift deed to a near and dear one, has certain monetary … READ FULL STORY
When it comes to property distribution and asset management, utilising a gift deed without possession is a prevalent approach. Through the formalisation of a gift via a deed, individuals can delineate clear and legally … READ FULL STORY
For property exchange in Indian, the buyer must pay stamp duty and registration fee to register the change of ownership in official records. Property gifting is no exception to this rule. Depending on the state … READ FULL STORY
February 9, 2024: The West Bengal state government provides a relief on stamp duty on transfer of property within a family through gift deeds. “To provide relief within property transfers within family, I am … READ FULL STORY
Gifting is one of the many mediums through which one can transfer their property to another person. To give this transaction legal backing, a gift deed must be drafted, executed and duly registered after … READ FULL STORY
Gift deed is a legal instrument by which an owner can transfer his movable and immovable property in his lifetime. Even though the receiver of such a gift — known as the donee in … READ FULL STORY
Conveyance refers to the act of transferring the title, ownership, rights and interests in a property from one person to another. The term deed refers to an instrument such as a written document that … READ FULL STORY
 Property investments are highly capital intensive and any mistake made during the process, can cause a great deal of trouble for the buyer. This makes it imperative for a buyer to exercise due … READ FULL STORY
Actor Alia Bhatt’s production house, Eternal Sunshine Productions, has invested in a Rs 37.80-crore apartment in Bandra’s Pali Hill, show documents accessed by Indextap.com. Registered on April 10, 2023, the property attracted stamp duty … READ FULL STORY
A gift deed executed by a senior citizen can be declared null and void if the document mentions the receiver of the gift is liable to take care of the senior citizen in turn, … READ FULL STORY
