https://www.taxtmi.com/forum/issue?id=117316 Heirs must first establish legal heir status and obtain transfer of movable and immovable property into their names before donating it; thereafter donation is permissible. Recipients may face income tax under the Income Tax Act (Section 56) on the stamp duty ready reckoner value where the relationship or source is unexplained. Use of trusts for gifting is possible but requires compliance with state stamp laws and proper documentation. en-us Mon, 28 Jun 2021 12:09:15 +0530 Thu, 23 Jan 2025 15:54:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117316 Heirs must first establish legal heir status and obtain transfer of movable and immovable property into their names before donating it; thereafter donation is permissible. Recipients may face income tax under the Income Tax Act (Section 56) on the stamp duty ready reckoner value where the relationship or source is unexplained. Use of trusts for gifting is possible but requires compliance with state stamp laws and proper documentation. Discussion-Forum Income Tax Mon, 28 Jun 2021 12:09:15 +0530 https://www.taxtmi.com/forum/issue?id=117316