All you need to know about Gifts

CA Pooja Dhoot , Last updated: 06 March 2023  
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1. What is the meaning of Gift? As per Section 122 of the Transfer of Property Act,1882- Gift is the transfer of certain existing MOVABLE OR IMMOVABLE property made VOLUNTARILY and WITHOUT CONSIDERATION by one person called Donor to another called Donee and accepted by or on behalf of Donee.

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CA Pooja Dhoot
(Practice)
Category Income Tax   Report

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