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

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    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

    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

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