20 April 2024
Please let me know 1.the stamp duty rate for funds transferred to bank as gift from father to Daughter in Tamilnadu 2.Can gift deed be drafted mentioning the date and transactions from Bank statement over a period of years . 3.As proof for source of funds for repatriation of nro funds gifted by father under Form 15CA Part D, do we have to register the deed. (Does the bank insist on it)
23 April 2024
1 No stamp duty applicable for such transfer. 2 No need for such deed. Give a letter with bank statement that's enough. 3 No deed required. Bank will not ask for it.
CAclubindia
