Detailed analysis of income tax provisions regarding taxability of gifts with tax planning considerations. An overall, broad and illustrative commentary on the law on gifts as contained in various Acts –
- The Transfer of Property Act
- The Contract Act
- Hindu and Mohammedan Law
- Foreign Exchange & Management Act, and
- The Income Tax Act, 1961 (as amended up to date)
- Drafting of Gift Deeds with more than a dozen formats of gift-deeds for all types of gifts.