Gift deed of money by cheque

My mother wishes to gift her brother a sum of money as a gift. I guess the sum would be non taxable as he is a blood relative...? is there any limit on a money gift above which it would be taxed or a limit during a financial year for the reciever ?

I found the format of a gift deed & have it printed on a 100 Rs stamp paper but wish to know where is this deed can be registered... and the process if anyone is familiar. Most people are familiar with gift of property but not of money.

Thank you.

Replies (1)

Sorry, I meant Where a Gift deed for money by cheque can be registered in Mumbai.

 

Thank you.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details