Gift
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 August 2013
Is Gift deed necessary for transfer for Vehicle from Father to Son for the purpose of his business.
Or can such gift can be by way of writing in a plain paper
Or can such gift can be by way of writing in a plain paper
07 August 2013
legally specking it is imp to make deed as it will prove to be an evidence in court of law,in case if any problm later arises.
u also need to pay stamp duty as applicable.
u also need to pay stamp duty as applicable.
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 August 2013
How do one determine the value such vehicle assuming it has been used for previous 2 years
07 August 2013
Transfer of vehicle will be registered in the name of the son. The new registration certificate is substantiate proof of transfer.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Intimation under section 245
- GST input credit on commercial property
- ETDS return q4 25-26
- Section 269ST applicability for capital introduced by partner to his partnership firm
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
