Gift deed of money
This query is : Resolved
Shivendra Singh
(Querist)
02 April 2019
Is gift of more than 2 lakh by grand mother to grand son who earns more than 15 lakh Tax free ?
Where such gift deed be registered ? Because Registrar office refused to registered gift deed of money.
Where such gift deed be registered ? Because Registrar office refused to registered gift deed of money.
K Srinivas, CMA CS
(Expert)
02 April 2019
Gifts between relatives is tax free
K Srinivas, CMA CS
(Expert)
02 April 2019
No requirement of gift to be registered. If you want, you can at best ask the grandmother to execute a gift deed for such transfer and still not register it
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