According to the laws of the country, gifting a piece of land or amount of cash is excluded from the burden of tax provided it is registered as a gift deed in the court of law. For those who are yet to understand, a gift deed registration is a legal document that covers the exchange of gift between the donor and the recipient. This exchange of gift can be anything like cash, property or even gold. When it comes to registering a gift deed in Bangalore, the effort starts with hiring a reliable lawyer. The legal aspect becomes important when you consider the properties that define a gift and the situations in which a gift deed holds certain value.
Additionally, registering a gift deed involves preparing the deed and paying the required stamp duty to facilitate the transfer
Here is how you can use notarykart.com to register a gift deed from the cozy confines of your home or office:
Browse through the website.
Select the desired service which in this case is the gift deed registration.
Fill the form and submit the required details. Ensure that you fill in the details properly because this will be used as a basis to make the agreement.
Provide the documents that will be needed to be submitted as proof. You can simply send the documents through email or internet enabled chat.
Pay the fees. This is a nominal amount that you will have to submit in order to initiate the process.
That’s it! Now you have to wait for at least two working days until the document reaches you.