Gift Deeds..!!

Yes gift deed should be compulsorily made.

Though the same is not compulsorily required to be on a stamp paper still it is prefered to be made on a Rs. 100/- stamp paper.

for movable properties there in no complusion for deed however in order to avoid future controversies, the parties are advised to make a gift deed. However, it is not compulsary.



However, In case of immovable properties, the property of Value Rs. 100/- or above can be transfered only through a gift deed. This is an exception to the statement given in the earlier paragraph.

for movable properties there in no complusion for deed however in order to avoid future controversies, the parties are advised to make a gift deed. However, it is not compulsary.



However, In case of immovable properties, the property of Value Rs. 100/- or above can be transfered only through a gift deed. 

Thanks Friends..But Can U pls give any cited reference as I am also required to give the same for the purpose.

Thanks..