Gift deed vs Will: Here’s what you should know before deciding to transfer property to family

Gifts to relatives, as defined under the Income Tax Act, 1961, are exempt from tax under Section 56(2)(x). Property inherited through a Will is also not taxed

About The Author

  • Related Posts

    Gudi Padwa 2026: Mumbai real estate market sentiment ‘measured’ amid US-Israel-Iran war, buy-now-pay-later schemes lead

    Gudi Padwa 2026: Developers and homebuyers in the Mumbai real estate market are in a ‘wait-and-watch mode’, say experts

    Gudi Padwa 2026: Mumbai real estate market sentiment ‘measured’ amid US-Israel-Iran war, buy-now-pay-later schemes lead

    Gudi Padwa 2026: Developers and homebuyers in the Mumbai real estate market are in a ‘wait-and-watch mode’, say experts

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Gudi Padwa 2026: Mumbai real estate market sentiment ‘measured’ amid US-Israel-Iran war, buy-now-pay-later schemes lead

    • 0 views

    Gudi Padwa 2026: Mumbai real estate market sentiment ‘measured’ amid US-Israel-Iran war, buy-now-pay-later schemes lead

    • 0 views

    Gudi Padwa 2026: Mumbai real estate market sentiment ‘measured’ amid US-Israel-Iran war, buy-now-pay-later schemes lead

    • 1 views

    Top US Spy Dodges Question Whether Trump Was Briefed About Retaliation Before Iran War

    • 1 views
    Top US Spy Dodges Question Whether Trump Was Briefed About Retaliation Before Iran War

    Democrats Grill Top US Intel Chief Tulsi Gabbard Over Iran War

    • 1 views
    Democrats Grill Top US Intel Chief Tulsi Gabbard Over Iran War

    Extensive Damage At World’s Largest LNG Plant In Qatar After Iran Strike

    • 1 views
    Extensive Damage At World’s Largest LNG Plant In Qatar After Iran Strike