Want to give amount to dad as a gift

Dear Team,

I want to give around Rs. 100000/- to my Dad So, please suggest how to give as a gift what's the process and documents require for the same.

Replies (2)
Quick Summary
This discussion explores the best ways to gift a significant sum of money, around £100,000, to a father. The consensus suggests using banking methods for the transfer, as this avoids the need for a formal gift deed. The thread aims to clarify the process and any necessary documentation for such a transaction.

Thank's for Reply

what is the process and document need for gift deed . ? 

@ Mr Deepal Patel.,

Better to give through banking mode. Then no need any deed..

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