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Gift deed stamp for cheque

This query is : Resolved 

13 September 2020 Mere father mujhe 20lakh ka cheque dena chate h to kya us par koi tax lagega ya mujhe gift deed banwana padega

13 September 2020 No tax payable on gift from father. No gift deed required in view of payment by cheque. Have copy of cheque as a proof.


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