DEAR JEFF: My parents would like to deed some land to me as a gift. It is a small piece of land that is part of a larger tract. Someone told my parents that they can sign a gift deed and have it ...

The information in this column is not intended as legal advice but to provide a general understanding of the law. Any readers with legal problems, including those whose questions are addressed here, ...

Husband staying in UAE gets Rs 80 lakh from brother-in-law by executing gift deed in USA, tax dept issues notice, wins case ...

ITAT Kolkata held that gifts received from a brother-in-law are exempt under Section 56(2)(vii), as the relationship qualifies as relative for tax ...

The question presented in Aaron v. Fisher et al: Did mineral deeds bestow separate property upon the grantees by gift, or did they convey a community property interest to the grantees and their ...

A Kolkata tax court has recently ruled that a large gift from a brother-in-law is completely exempt from income tax, even if ...

While a brother can gift property to his sister with no tax liability for either party at the time of transfer since a sister qualifies as a ‘relative’ under the Income Tax Act, legal and tax experts ...

After about 30 years of legal disputes, a sister has recently won a case before the Supreme Court of India (SC) against her brother regarding the ownership of their father’s property, who passed away ...

CHENNAI: Senior Citizens can cancel the gift or settlement deeds executed in favour of their children or close relatives if ...