A real estate broker is expected to be arraigned Thursday on federal charges alleging she ran a “home stealing” scheme ...

Eid is almost here — a season to gather with family and friends, reflect on blessings, and give meaningful gifts that spark ...

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 is a legal document that can be used to transfer movable or immovable property to family, relatives, friends or others voluntarily. The document is considered valid when the transfer does ...

Many people lose “gifts” after breakups because what felt emotionally like mine was never legally completed as a gift, especially with land, houses, and cars. Can you legally protect your gift?

Raipur: If elderly people gift their property to a relative expecting care in return, the gift can be cancelled if the relative fails to care for them, even if the deed does not clearly mention a ...

The Kolkata Bench of the ITAT dismissed the Revenue’s appeal for AY 2017-18 in the case of Mira Bibi, upholding the order of the CIT(A) which deleted the addition of ₹1.21 crore made under section 68 ...

The Uttar Pradesh cabinet on Tuesday approved a proposal for a major reform simplifying intra-family transfers by extending the stamp duty relief to gift deeds among family members even for commercial ...

The Uttar Pradesh government has extended the facility of gift deeds to industrial and commercial properties, after providing it for residential and agricultural land. Under the new provision, ...

Lucknow, Jan 6 (UNI) The Uttar Pradesh Cabinet, chaired by Chief Minister Yogi Adityanath, has approved a proposal to further expand stamp duty concessions on gift deeds executed among family members ...