Gift deed
This query is : Resolved
28 April 2018
Can I make one consolidated gift deed for gift by cheque to both my mother and father in one single gift deed. Or I have to make two separate gift deeds?
Anmol Davesar
(Expert)
28 April 2018
you can. but you should make 2.
CA PARAS BAFNA
(Expert)
30 April 2018
The Gift Deed is made for the use and benefit of the receivers of gifts i.e. donee. So make separate Gift Deed for each of the gifts.
CA PARAS BAFNA
(Expert)
30 April 2018
The Gift Deed is made for the use and benefit of the receivers of gifts i.e. donee. So make separate Gift Deed for each of the gifts.
02 May 2018
What will be the franking amount or the stamp paper amount required?
02 May 2018
You need to prepare two separate deed and deed stamp charges depends on your gift value.
CA R SEETHARAMAN
(Expert)
02 May 2018
No stamp charges payable for gift by cheque.
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