Stamp paper
This query is : Resolved
09 March 2018
What should be AMOUNT of STAMP PAPER if a person is GIFTING MONEY via cheque/RTGS to his relative.Both parties belong to Delhi.
09 March 2018
please refer http://www.delhi.gov.in/wps/wcm/connect/doit_revenue/Revenue/Home/Services/Property+Registration
09 March 2018
Mr. Nikhil Kaushik, the above link talks about the property registration. My case is of GIFT DEED for MONEY via Cheque/RTGS. It would be great if you could please tell me the amount of stamp paper.
09 March 2018
Dear Rohit,
My mistake. so kindly ignore the earlier message. For movable property (including cash), a simple 100 rupee stamp paper will suffice.
My mistake. so kindly ignore the earlier message. For movable property (including cash), a simple 100 rupee stamp paper will suffice.
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09 March 2018
Thanks for the reply sir.
I have drafted gift deed with ₹10 stamp paper. Would it work ? If not then, What shall be the consequences ?
I have drafted gift deed with ₹10 stamp paper. Would it work ? If not then, What shall be the consequences ?
09 March 2018
there are no consequence. I personally prefer atleast Rs 100 stamp paper.
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