Gifting property in India: Legal rules, taxes and everything you should know
Gifting property in India involves a legal process beyond sentiment. A registered gift deed, transferring ownership without payment, requires adherence to rules like adult parties, witness signatures, and stamp duty payment. Understanding tax implications and exemptions is crucial for a smooth, dispute-free transfer, ensuring validity and compliance.
Gifting property in India involves a legal process beyond sentiment. A registered gift deed, transferring ownership without payment, requires adherence to rules like adult parties, witness signatures, and stamp duty payment. Understanding tax implications and exemptions is crucial for a smooth, dispute-free transfer, ensuring validity and compliance.
