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Gift Deed Required?
Father gift to Son Rs. 20 Lakhs in Account. Any gift Deed required?
Replies (3)
It is advisable to keep gift deed with PAN details of donor/donee duly signed by both the party on stamp paper.
Rs.10 Stamp paper
There is no restriction regarding value of stamp paper.
But it's better to be on reasonable value
like...in you case you case use 100 to 500 stamp paper.
But it's better to be on reasonable value
like...in you case you case use 100 to 500 stamp paper.
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