Dear Members,
Please tell of what denomination the stamp-paper is required for executing a gift deed for a cash gift of Rs.200000 and Rs.500000 respectively.
Thanking you,
Menu
Gift deeds
Replies (1)
Mr. Raghav,
Rs 25 per Rs 500 stamp duty need to be paid, mean Rs. 10000 for 2 Lac and Rs. 25000 for 5 Lac and get it Notorized not Notary Attested.
Otherwise you can also put it on Rs. 100 Stamp Paper but it will have no legal effect.
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