Gift tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 April 2018
I have received 5 lakh from my father through online banking. I want to make gift deed for that. Does anyone know that how one can make GIFT deed. Does this require registration stuff????
08 April 2018
there is no need for any gift deed for money received from father..
Expert : Anonymous
Expert :
Anonymous
(Expert)
08 April 2018
Yes you have to make registered gif deed.
08 April 2018
could you please let us know under which law the gift deed would be required for this?
08 April 2018
Gift deed is not required for gift received from relatives.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
