A Gift Deed is a legal document that describes voluntary transfer of gift from donor (owner of property) to donee (receiver of gift) without any exchange of money. The donor must be solvent and should not use this tool for tax evasion and illegal gains.
It must be well defined existing movable or immovable property
It must be transferable
It should be in existence and should not be a future property
It should be tangible.
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HR & Associates is a full-service Tax consultancy firm, to serve as a single-window Tax service provider in a dynamic commercial environment. It brings to the table expertise and experience of years across various sectors and practice areas and pursues a philosophy of symbiotic relationships with client and works as an integral part of the client's team. The firm has office in Lucknow. The firm's Partners and Associates across India provide legal advisory and expertise to the clients across diverse practice areas and industry verticals in the country.
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