08 February 2013
I want to pay gift of Rs 25,00,000/- to my real brother out of love & affection. 1]How much values stamp paper should be used ? 2] Is it compulsory from stamp duty /income tax angle to register this gift deed ?
09 February 2013
It is advisable for a person gifting away Rs. 25.00 lac to spend Rs. 100 Stamp Paper. . Registration of deed is compulsory in case where gift is made of an Immovable Property. .