Gifts to relatives, as defined under the Income Tax Act, 1961, are exempt from tax under Section 56(2)(x). Property inherited through a will is also not taxed ...

Families often assume a will is the only way to pass property to children, but some parents prefer transferring assets during ...

If you own a home, you have probably wondered how to pass it on without dragging your family through probate. Adding your ...

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 ...