When an individual receives an immovable property as gift from a specified relative, including brother, the transaction does not give rise to tax implicationsYou should seek legal opinion on appropriate documentation and clarify any queries from the stamp duty perspective
1 min read11 Mar 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared