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Gift Deed Template

A registered gift deed transfers property without consideration. Gifts to "relatives" under Income Tax Act 56(2) are tax-free for the recipient. Stamp duty is state-specific (typically 1-7%).

Donor name

Donor address

Donee name

Donee address

Relation (e.g. son, daughter, spouse)

Property description

Place

Date

GIFT DEED

This Gift Deed is made and executed on this 2026-05-05 at Bangalore

BETWEEN

Ramesh Kumar, resident of 12, Sector 14, Gurgaon
hereinafter called &quot;the DONOR&quot;,

AND

Priya Kumar (daughter), resident of 12, Sector 14, Gurgaon
hereinafter called &quot;the DONEE&quot;.

WHEREAS the Donor is the absolute owner of the property described as:
Flat No. A-501, Sunshine Apartments, Bangalore measuring 1200 sq ft built-up

AND WHEREAS the Donor, out of natural love and affection for the Donee
who is the Donor&apos;s daughter, has decided to gift the said property
to the Donee, without any monetary consideration.

NOW THIS DEED WITNESSETH that the Donor hereby transfers, conveys and
gifts absolutely and forever the said property to the Donee, free
from all encumbrances. The Donor confirms that the gift has been
accepted by the Donee.

The Donee shall be entitled to enjoy the property as absolute owner
thereof, with all rights to sell, mortgage, lease and otherwise deal
with the same.

IN WITNESS WHEREOF the parties have signed this deed on the date and
place mentioned above.



        _____________________________      _____________________________
                  Ramesh Kumar                            Priya Kumar
                   (DONOR)                              (DONEE)


Witness 1: ____________________  Signature: ____________________
Witness 2: ____________________  Signature: ____________________

NOTE: Register at the sub-registrar office. Stamp duty applies per
state schedule. For relatives under section 56(2), no income tax for
the donee. For non-relatives, gifts > ₹50,000 are taxable in the donee&apos;s
hands.