Solve.
X gifted Rs. 50,000 to Y his neighbours wife by executing a registered gift deed without any consideration. There is no near relation between X and Y. Is this gift valid?

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Solution

Solution: Section to which the given problem relates: Explanation 1 to Section 25
Decision: The gift is valid
Reason: A completed gift needs no consideration and need not be a result of natural love and affection or near relation.

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Solve.X gifted Rs. 50,000 to Y his neighbours wife by executing a registered gift deed without any consideration. There is no near relation between X and Y. Is this gift valid?

Solution: Section to which the given problem relates: Explanation 1 to Section 25Decision: The gift is validReason: A completed gift needs no consideration and need not be a result of natural love and affection or near relation.

Solve.
X gifted Rs. 50,000 to Y his neighbours wife by executing a registered gift deed without any consideration. There is no near relation between X and Y. Is this gift valid?

Solution: Section to which the given problem relates: Explanation 1 to Section 25
Decision: The gift is valid
Reason: A completed gift needs no consideration and need not be a result of natural love and affection or near relation.