Legally Valid & Hassle-Free Gift Deed Drafting

A Gift Deed is a legally binding document used to transfer ownership of movable or immovable property from one person (the donor) to another (the donee) without any monetary exchange. At VPS and Associates, we specialize in drafting, reviewing, and registering Gift Deeds to ensure compliance with Indian property laws and taxation regulations.

Ministry of Law & Justice – Indian Registration Act: https://legislative.gov.in/
Income Tax on Gift Deeds – Exemptions & Liabilities: https://www.incometaxindia.gov.in/
Stamp Duty & Registration Rules – State Wise: https://www.igrs.ap.gov.in/

Key Aspects of Gift Deeds

1. Drafting & Execution of Gift Deed

✔ Preparation of a legally valid Gift Deed.
✔ Specifying property details & donor-donee relationship.
✔ Ensuring compliance with Indian Contract Act, 1872.

Property Transfer Laws in India: https://www.indiacode.nic.in/

2. Stamp Duty & Registration Process

✔ Payment of stamp duty as per state laws.
✔ Gift Deed registration at the Sub-Registrar Office.
✔ Avoiding legal disputes & future ownership issues.

Stamp Duty Rates by State: https://www.igrs.ap.gov.in/

3. Tax Implications on Gift Deeds

✔ Gifts to relatives are tax-exempt under Section 56(2) of the Income Tax Act.
✔ Gifts above ₹50,000 to non-relatives attract tax liability.
✔ Capital gains tax implications in certain cases.

Income Tax Guidelines on Gift Deeds: https://www.incometaxindia.gov.in/

4. Conditions & Revocation Clauses

✔ Ensuring the irrevocable nature of a Gift Deed.
✔ Protecting donor & donee rights in case of disputes.
✔ Adding conditional gifting clauses if required.

Legal Framework on Revocable & Irrevocable Gifts: https://legislative.gov.in/

5. Gift Deeds for Different Assets

✔ Immovable Property – Land, House, Apartments.
✔ Movable Assets – Gold, Jewelry, Vehicles.
✔ Shares & Financial Assets – Stocks, Bonds, Mutual Funds.

SEBI Guidelines on Gifting Shares: https://www.sebi.gov.in/

Why Choose VPS and Associates for Gift Deed Documentation?

Legally Secure & Well-Drafted Deeds
State-Wise Stamp Duty & Tax Advisory
Seamless Registration & Compliance Assistance
Expert Legal & Financial Guidance

Get in Touch for Gift Deed Documentation Services

📧 Email id : team@vpsandassociates.com

Contact us today!

☎️ Landline: 040 – 29801299
📲 Mobile no: 8886359392 / 9030931302

Need a legally valid Gift Deed for seamless property transfer? Contact us today for expert documentation services!