Gift 56(2)(vii)
This query is : Resolved
11 June 2015
is it mandatory to create gift deed for the purpose of section 56(2)(vii) (for cash / property).
if yes please provide gift deed format.
do we have to register gift deed anywhere?
if yes please provide gift deed format.
do we have to register gift deed anywhere?
11 June 2015
In case of gift of cash/movable property not necessary though advisable but in case of immovable property it is a must and registry also.
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11 June 2015
thank u sir... can u plz provide me link for gift deed
11 June 2015
You may google gift deed format. It will be easily available.
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