Gift deed on plain paper instead of making on stamp paper


This query is : Resolved 

Quick Summary
This discussion explores whether a gift deed is mandatory after transferring funds as a gift. It questions if a simple gift confirmation letter on plain paper, accompanied by RTGS transfer details and passbook entries, meets legal requirements.

23 September 2025 I have transfered 9.99 lacs through rtgs to my son account as a gift.
1. Whether gift deed is mandatory
2. Making gift deed on plain paper is sufficient and meet legal requirement.

23 September 2025 Gift confirmation (on plain paper) letter with RTGS transfer details along with passbook entries are enough, for any legal requirement.

23 September 2025 Good luck....


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