Gift Deed Drafting
Quick Reference for Your Business
Transfer by Gift โ everything you need to know about Gift Deed Drafting.
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Documents / Details Needed
Donor & donee details
with PAN and ID
Relationship
between donor and donee
Property / asset details
and title documents
Encumbrance Certificate
for immovable property
Two witnesses
for execution
02
Key Facts (Telangana)
| Point | Details |
|---|---|
| What it is | Voluntary transfer of property without consideration |
| Registration | Mandatory for immovable property (Registration Act, 1908) |
| Stamp duty โ family | Concessional (around 1โ2% in Telangana) |
| Stamp duty โ non-family | Up to ~5% of market value |
| Income tax | Gift to a 'relative' is exempt; others taxable if > โน50,000 |
Note: Two layers to check: stamp duty (concessional for family, higher for others in Telangana) and income tax โ a gift from a defined 'relative' is fully exempt, but a gift to a non-relative above โน50,000 is taxable in the recipient's hands. We confirm both before drafting. (Verify the exact Telangana family slab.)
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Why Clients Trust M/s Durganjali & Associates
A real, qualified Chartered Accountant
Not an agent โ a CA who drafts the gift deed and checks both stamp duty and the income-tax angle.
5 years of practice
Across companies, firms, individuals and trusts โ Tax, GST and compliance.
Done right the first time
Proper drafting and documentation that prevents disputes and rejections later.
Clear updates in your language
Simple updates in Telugu and English โ you always know where things stand.
Honest, practical advice
Straight answers you can act on โ no jargon, no overselling.
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