Value of stamp when money given as gift to grand daughter

Please suggest me the amount of stamp paper that I should buy when my Grand Father is transferring 520000 as gift to me.

Replies (2)

As such declaration on stamp paper of Rs. 100/- is recommended, but receipt should be through banking mode.

For such transaction, on Stamp Paper of Rs. 100/- gift deed can be drafted.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register