The donor has to pay the applicable stamp duty on the property that is to be transferred to the recipient as gift. Non-resident status is determined differently under FEMA and Income-tax Act. Gift received from grandfather...
“As Guwahati is the capital of Assam and is also a central point for the northeast region, the setting up of the facilities here would aid the process of obtaining visas for the region’s population of over 45 million...
