i want to take gift from my father
This query is : Resolved
23 May 2009
i want to take gift from my father through cheque.what is the procedure for such gift? what documents are required for gift from father to son?am i required to make affidavit for such gift of money through cheque?please describe any other document or procedure if required.
Ratan Sharma
(Expert)
23 May 2009
Hi,
You will have to prepare a Gift Deed on the stamp paper of Rs. 100/- . You have to mention the cheque/D.D. number in the gift deed and that it has been received out of natural love & affection. It need not be registered or notorised. No affidavit is required. Just keep the Gift deed in your file and produce whenever required before any authority.
You will have to prepare a Gift Deed on the stamp paper of Rs. 100/- . You have to mention the cheque/D.D. number in the gift deed and that it has been received out of natural love & affection. It need not be registered or notorised. No affidavit is required. Just keep the Gift deed in your file and produce whenever required before any authority.
Message likes :
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24 May 2009
thanks a lot dear ratan sharma.
I have one more question gift amount is already tranfered by cheque few months back.can i make gift deed now?
I have one more question gift amount is already tranfered by cheque few months back.can i make gift deed now?
24 May 2009
thanks a lot dear ratan sharma.
I have one more question gift amount is already tranfered by cheque few months back.can i make gift deed now?
I have one more question gift amount is already tranfered by cheque few months back.can i make gift deed now?
Aditya Maheshwari
(Expert)
24 July 2009
Date of stamp paper cannot be before the date of cheque. Hence take a declaration of gift on plain paper.
CA. Anoop Gadia
(Expert)
24 July 2010
no there no matter of stamp paper date it can be taken before cheque but in reasonable time
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