Gift
This query is : Open
DEEPAK AWCHAR
(Querist)
07 August 2017
Pitaji se24 lac ka ghar gift me mila, To taxable rahega ki taxfree
K Srinivas, CMA CS
(Expert)
07 August 2017
yeh gift tax free hai. lekin ek gift deed execute Kariye to avoid future problems
CA Rashmi Gandhi
(Expert)
07 August 2017
Agar koi gift relative se receive hota hai to wo taxfree hai.
Legally prove krne ke liye better hai ki ek gift deed exevute kr di jaye.
K Srinivas, CMA CS
(Expert)
07 August 2017
Rashmi ji, well explained in hindi. I'm not that comfortable in hindi
CA Rashmi Gandhi
(Expert)
07 August 2017
No problem dear. But you explained well even not comfortable in hindi.
DEEPAK AWCHAR
(Querist)
07 August 2017
Thank you....
Message likes :
1 times
CA Rashmi Gandhi
(Expert)
07 August 2017
Welcome........
08 August 2017
Just a question, is it advisable to have gift deed on stamp paper? Or would it be ok to have it on a normal piece of paper duly signed by the concerned relative
K Srinivas, CMA CS
(Expert)
08 August 2017
Depends on the gift, I'dsay.
K Srinivas, CMA CS
(Expert)
08 August 2017
if it's an immovable property, obviously it requires that you register it with the Registrar office
K Srinivas, CMA CS
(Expert)
08 August 2017
For other gifts, based on the value you may execute it on stamp paper. Stamp paper could be of Rs.100 value minimum
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
- Reward for festival
- 18% Rent a cab
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Movement of goods by packers and movers - type of sale - Reg.
- Gst credit note by supplier
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Closer of business and itc of capital goods
- Rectification under processing even after 6 months cpc portal
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
