Gift deed for money gifted to parents

Please advise on gift deed draft/sample for money gifted to parents

Replies (8)
Quick Summary
This discussion provides guidance and sample drafts for creating a gift deed when gifting money to parents. It addresses potential tax implications and highlights relevant legal exceptions. The aim is to offer clarity and practical advice for individuals navigating this process.

Please go through the link. You can get some clarity...

https://www.caclubindia.com/forum/details.asp?mod_id=604862&offset=1
Https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://jamabandi.nic.in/DeedTemplatesNew/English/Gift%2520deed.pdf&ved=2ahUKEwiKs4fA0p6EAxVb4zgGHQ9HBUwQFnoECAUQAQ&usg=AOvVaw3z2q_IUhc-eDGZjbTMNUkm
No tax applicable
Ha Ha Ha ha ha Ha ha...

Adei Narayanaa, Yaaru pa nee, Theivamey...

Very Good Reply...
Keep it Up My Dear Great Expert Mr Sabyasachi Mukherjee Sir...
We must salute him
Okay, I salute Him...

@ Sabyasachi Mukherjee Sir, I salute You and Your Effort...
Read exceptions of sec 56(2) (
@ Sabyasachi Mukherjee Sir, I salute You and Your Effort...

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