Regarding gift deed
This query is : Resolved
30 November 2011
Whether Gift deed is mandatory in the case of cash gift given to the family member. any cash gift limit is mention in act for gift deed.
Whether Gift deed is mandatory in the case of cash gift given to the family member. any cash gift limit is mention in act for gift deed.
30 November 2011
It is not mandatory but it is advised to prepare a gift deed.
.
For preparing a gift deed amount is not prescribed under the IT Act.
.
For preparing a gift deed amount is not prescribed under the IT Act.
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