Easy Office

Gift deed required or not ?

This query is : Resolved 
Profile Image

Profile Image

(Querist)
23 February 2009 If father or mother give a/c pay cheque 4 times in a year to their daughter as a gift then GIFT DEED is require all the time or not ?
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
23 February 2009 Gift of movable property(here money) need not be supported by Gift Deed. However a letter containing all details and signed by donor and donee may be prepared and kept for records.
Profile Image

CA.MANOJ LAMBA

Profile Image

CA.MANOJ LAMBA (Expert)
23 February 2009 A SIMPLE LETTER GIVING DECLARATION OF GIFT WILL SERVE YOUR PURPOSE. PREPARE IT ON PLAIN PAPER & KEEP IT FOR RECORDS
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


easyoffice CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links