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.
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 :
1 times
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?
24 July 2009
Date of stamp paper cannot be before the date of cheque. Hence take a declaration of gift on plain paper.
24 July 2010
no there no matter of stamp paper date it can be taken before cheque but in reasonable time
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Supply through E-commerce Operators
- Rent lease agreement
- Relief u/s Section 89
- REGARDING SECTION 44AE
- Merchant Export Accounting
- Taxation on LTCG for property sold after 24JUL2024
- REGARDING GST LIABILITY/....
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
