Can we make Gift deed for gift made in the past now?

Tax queries 937 views 3 replies

Dear Sir/Madam,

I had made a gift of money (via cheque) to my sister in last financial year (FY 2023-24) of 50 Lakhs (in Dec 2023 for purchase of apartment). I had not made a gift deed at that time and I would like to know if I can now make a gift deed for the same? And if yes will it be a problem that the gift deed on stamp paper (100 Rs.) has different date than the date of the cheque / transaction when I gifted the money?

Thanking you!

Replies (3)

Replied elsewhere,  duplicate query.

Dhirajlal Sir,

I also need the answer to this query, please let me know where the reply to be found. I'm unable to find it.

Thank you Sir

For immovable property it is not possible on later date; but for amy other a confirmation of gift deed in past can serve the purpose if have confirmation. Registration of any deed after some stipuated period is not allowed.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register