Gift tax

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I want to give agriculture land to my Maternal Grandmother by the registered Gift deed, is there any tax liability? Please help me.
Replies (5)
no taxability under section 56 2(x)
grandmother covered under relative list
Yes.. I agreed to CA Sahil Thakral...

Grandmother is under relative definition. no more tax liability....
Yes.. I agreed to CA Sahil Thakral...

Grandmother is under relative definition. no more tax liability....
thank u very much sir,
my query above Maternal Grandmother (Nani). Sir, please clear this query.

No nani will not covr under relative list

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