Gift Deed

Transfer property or assets to a loved one with expert drafting and guidance.

Supported by Government Of India as a trusted service for senior citizens.

A Gift Deed is a legal document that allows you to transfer property or assets to another person during your lifetime, without receiving payment in return.
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Whether you're gifting property to a family member or transferring other assets, Yellow can help you understand the legal requirements and guide you through the drafting and registration process.

Book a Consultation — ₹499

This amount will be fully adjusted against your final service fee if you choose to proceed.

Here's how Yellow can help

Yellow can assist with Gift Deed drafting, documentation, stamp duty guidance and property registration, helping you navigate the process with confidence.

‍Not sure where to begin? Book a consultation with our team to discuss your specific requirements, understand the process and get clarity on the next steps.

Book a Consultation — ₹499

The consultation fee is non-refundable. If you proceed with Yellow's Gift Deed service, the full ₹499 will be adjusted against your final service fee.

Key Componets of a Gift Deed

The below points constitute the basic requirements of a Gift Deed in India

Requirements for a Gift Deed

In India, gifting immovable property generally requires a written and registered Gift Deed. The process involves preparing the document, paying the applicable stamp duty and registration charges, and completing registration at the relevant Sub-Registrar's Office.

The documentation, stamp duty and registration requirements can vary depending on the property, the relationship between the parties and the state in which the property is located.

Taxation of Gifts

The tax implications of a Gift Deed depend on the nature and value of the asset being gifted and the relationship between the donor and recipient.

Gifts received from specified relatives are generally exempt from income tax, while gifts received from others may be taxable, subject to applicable exemptions and thresholds.

Stamp duty and registration charges may still apply, even when a gift is exempt from income tax.

Why Choose Yellow?

With a team of 500+ specialised agents, lawyers and CAs across India to help take care of all the legalities and paperwork, we offer the most comprehensive and hassle-free solution nationwide.