A will, part of a will, or a testamentary gift procured by undue influence may be set aside by the courts and not admitted to probate if the party alleging it proves undue influence as a mat… Read More
When it comes to legal matters, it’s essential to understand the intricacies of different agreements and contracts. One such document that often raises questions is a gift deed. People… Read More
ITAT Mumbai held that deduction u/s 80G of the Income Tax Act duly available irrelevant of the fact that corpus contribution to the donee relates to the CSR activities.
The post Deduction u/… Read More
As the month of September ends, it’s an opportune moment for boutique beach resort owners in the Philippines to revisit their tax planning strategies for the year ahead. With the firs… Read More
1. Section 44AD
Although it was created with the noble aim of relieving small business owners of the burden of maintaining books of accounts in accordance with provision 44AA and tax audits… Read More
The Basic Structure Doctrine emerged from the Kesavananda Bharati judgment of the Supreme Court, delivered by a majority of 7:6 on April 24, 1973. It held that Parliament could not alter the… Read More
I know we advocate fights on behalf of our clients and present their cases as the third person. However, since I’m the lawyer here, let me put my case in front of your wisely lear… Read More
The deadline for filing your income taxes is less than a month away, so you need to be sure you are aware of all the changes that are relevant this year. One should be aware of a few less we… Read More
The potential to be charged capital gains tax (CGT) arises with the sale or gift of an asset.
Deferral of the charge is possible with reference to business assets using ‘hold-over&rsqu… Read More
Four Improvements the Administration Wants to Make Regarding Administration for Trusts and Decedents’ Estates
When a client dies, there are often several tasks that need to be complete… Read More
My daughter in-law wants to give a gift of ₹15 lakhs to her mother by withdrawing from her PPF account which is maturing. Will this transaction attract any tax liability for… Read More
Penny saved is Penny earned, the top tax-saving tip that most people utilize. This opportunity to start planning for tax saving. Here are some options to avoid overpayment of taxes.
Under o… Read More
Canadians need to know the current methods to minimize their tax liability. The country has an intricate taxation system. With the rising cost of living and inflation, knowing about Canada&r… Read More
Transferring property in India requires the completion of certain legal processes to guarantee that the transfer is legitimate and binding. In India, property transfers are governed under th… Read More
Summary
The article covers the points to remember by NRIs while they are planning to give their property in India via Gift Deed.
It includes the formalities laid down by la… Read More
5 Letter Words That End With Ehere are some examples of five-letter words that end in “e”:
abase
abate
abcee
abele5 Letter Words That End With E
abide
abode… Read More
As a result of the coronavirus epidemic, more firms are being compelled to operate remotely, and some federal and state governments are working swiftly to enable entirely online operations t… Read More
Where a person has a property portfolio, they may consider giving away one or more of their investment properties during their lifetime to reduce the inheritance tax payable on their estate… Read More
Where a person has a property portfolio, they may consider giving away one or more of their investment properties during their lifetime to reduce the inheritance tax payable on their estate… Read More
Wad of cash as a gift
The gift tax is a tax levied on any unilateral transfer (a gift) from one person to another. The federal tax is aimed partially at making sure wealthy families… Read More
FOCC stands for Foreign Owned or Controlled Companies. It refers to those Indian companies or entities which are controlled by non-residents or foreign companies or multinational corporation… Read More
The concept of gifts seldom generates disputes especially when a benefactor changes his mind towards the beneficiary and attempts to retrieve a gift already given. Generally, gifts given out… Read More
Defence Housing Authority (DHA) is one of the most well-liked neighbourhoods in Lahore for both investors and regular home buyers alike because of its cutting-edge infrastructure, opulent am… Read More
What Is Estate Planning
Estate Planning is an integral part of personal finances, it is a process where arrangements concerning the transfer/devolvement of a person’s assets to hi… Read More
Miky Woodz Ft. Nio García, Jay Wheeler - Nadie (Official Video)Lyrics Nadie - Mike Woodz:Baby no puedo disimular Se que te diste cuentaTe haces la santa pero tú no e… Read More
Owners of successful businesses frequently use companies as a trading medium not least because of the tax benefits that can be achieved. When the time comes for the owner to retire or reduce… Read More