Gift deed

This query is : Resolved 

30 April 2014 Respected sirs,


Please tell me whether i have to make a gift deed for gift received from relative ie father for the purpose of filing income tax return.

30 April 2014 Yes u must have to made gift deed for that.

30 April 2014 It depends on u, but if u made it will b beneficial if any demand for that arise from the department.

30 April 2014 it is beneficial to make Gift deed.



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