banner_ad

Gift

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 September 2010 I want to take gift of rs 6lakh from my fatherin law to start jewellery business.whether any tax implication?whether any record formality?
Profile Image

CA Sanat Pyne

Profile Image

CA Sanat Pyne (Expert)
09 September 2010 AS FATHER IN LAW IS UNDER RELATIVE NOTHING WILL BE TAXABLE.
IT IS BETTER TO MAKE A GIFT DEED.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 September 2010 whether gift deed is to be prepared on plain paper or stamp paper?is stamp paper then how much amount of stamp paper?
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 September 2010 gift on stamp paper or not
Profile Image

CMA. Subhash Kumar Jha

Profile Image

CMA. Subhash Kumar Jha (Expert)
10 September 2010 A plain paper will also be sufficient.
Profile Image

CA Sanat Pyne

Profile Image

CA Sanat Pyne (Expert)
10 September 2010 in my opinion it is better to prepare the deed on stamp paper.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details