Gift Deeds Drafting


This query is : Resolved 

Quick Summary
This discussion clarifies the requirements for drafting cash gift deeds, particularly from parents. It addresses whether Rs.100 stamp paper is adequate for significant cash gifts (Rs. 15-30 lakhs) and whether registration or notarisation is necessary, especially when the gift is made via cheque.

22 June 2021 Is it necessary to register a cash gift deed received from parents ?
Is Rs.100 stamp paper enough to draft a cash gift deed of about Rs. 15 lakhs to Rs. 30 lakhs.

22 June 2021 Cash Gifts not allowed. For Gift through Cheque from Father Registration is not required.

23 June 2021 Thank You.
But is Rs.100 Stamp paper okay for drafting the gift deed for amount ranging from Rs. 15 lakhs to Rs. 30 Lakhs received by cheque from Mother / Father ?
Should the gift deed be notarized ? Is that necessary ?


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details