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Gift deed

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 February 2011 please explain gift deed in detail. Who can prepare a gift deed & for whome? Is gift deed can be prepared only when transaction of making a gift is between blood relations or not?
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Sunil Kr. Sanganeria

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Sunil Kr. Sanganeria (Expert)
15 February 2011 If a person gifted anything to other, Gift Deed is required to prepared.

The doner is required to prepare Gift deed

Gift deed should be prepared in every case.

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