63. "Transfer" and "revocable transfer" definedFor the purposes of sections 60, 61 and 62 and of this section,—

(a)  a transfer shall be deemed to be revocable if—

  (i)  it contains any provision for the re-transfer directly or indirectly of the whole or any part of the income or assets to the transferor, or

 (ii)  it, in any way, gives the transferor a right to re-assume power directly or indirectly over the whole or any part of the income or assets ;

(b)  "transfer" includes any settlement, trust, covenant, agreement or arrangement.

Services

What We Offer

Legal Services

We offer comprehensive manual or computerized bookkeeping systems maintained by trained accounting professionals. This local se....

Read More

Insurance Services

We offer comprehensive manual or computerized bookkeeping systems maintained by trained accounting professionals. This local ....

Read More

Digital Signature

 

Digital Signatures in India - Simple, Speedy and Secure!

Experience ....

Read More

Finance Services

We offer comprehensive manual or computerized bookkeeping systems maintained by trained accounting professionals. This local ....

Read More

REQUEST A CALL BACK