1. Can gift deed be made for a recently completed transaction
2. Is gift deed compulsory ?
3. What shall be the value of stamp paper ?
Replies (2)
Quick Summary
This discussion clarifies the necessity of a gift deed when transferring shares from a father to his son. It addresses whether a gift deed is compulsory, especially for recently completed transactions. The value of the stamp paper required for the deed is also explained, noting it depends on the market value of the shares.