Gift
This query is : Resolved
16 July 2015
any declaration in stamp paper when my father give me a gift in firm of check
16 July 2015
No issues at all in doing so.
The issue is that of Indian Registration Act and Indian Stamp Act.
The stamp act provides for a 3 % of stamp duty. In order to get rid of that many a people just obtain a letter of gift rather than DEED of gift.
The issue is that of Indian Registration Act and Indian Stamp Act.
The stamp act provides for a 3 % of stamp duty. In order to get rid of that many a people just obtain a letter of gift rather than DEED of gift.
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