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Gift deed

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 May 2012 A person gifts a sum of Rs. 1 lakh to his major son or the HUF of the major son.

What should be the value of the stamp paper for registering the gift deed?
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CA Harish Suwalka

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CA Harish Suwalka (Expert)
03 June 2012 stamp paper of RS.100 for gifts upto Rs. 5 Lakh
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Querist : Anonymous

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Querist : Anonymous (Querist)
04 June 2012 Thanks.

What about gifts above Rs. 5 lakhs?
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CA Harish Suwalka

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CA Harish Suwalka (Expert)
04 June 2012 Rs. 500 stamp paper....

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