Dear Sir/Madam,
Can a person execute/register gift deed to his Brother's Son. Please clarify.
Regards,
Krishna
G Krishna (PM) 25 January 2017
Dear Sir/Madam,
Can a person execute/register gift deed to his Brother's Son. Please clarify.
Regards,
Krishna
Kumar Doab (FIN) 25 January 2017
Donor can gift to anyone.
Gift is complete once accepted.
What is to be gifted?
G Krishna (PM) 25 January 2017
Kumar Doab (FIN) 25 January 2017
Gift deed should be registered.
Check at SRO, in your state.
If the relation is covered under 'relatives' then there might be waiver of duty/fee.
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