Since a father qualifies as a “relative” under the Income Tax Act, there is no tax incidence at the time of making the gift.(Pixabay) My uncle wishes to transfer ownership of his apartment valued at ...

A Will is a valid legal document that outlines the distribution of the assets of an individual to various recipients in granular detail. How do you pass on your assets to the next generation? There ...

My mother wants to make a gift deed or a will of the property in my favour. My mother is 91 years of age and cannot walk. Which option is better? I am staying in Mumbai. Do I need to take NOC of ...