Easy Office
LCI Learning

Gift

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 December 2016 my father gave me cash gift of rs 7.5 lakh to purchase to buy a plot in dec 2014. I have not any written proof. my questions are
1. is it necessary to have a gift deed on stamp paper. if yes then what should be the stamp cost

2. i file itr 4, where shoul i show this plot in my return.

03 December 2016 Either it can be in plain paper or in a stamp paper value of Rs.100.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 December 2016 Thank u so much sir. ...pl reply the second part of question i.e. should i show it in itr4...if yes...then how and where




04 December 2016 Show it in the balance sheet.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries