Registration of gift deed is comoulsory?

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 June 2012 If a person has received money in cash as gift from his/her spouse, then is it compulsory to register the gift deed?

CA CS Amit S. Kedia (Expert)
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28 June 2012 No, registration of gift deed for gift received in cash/Money is not compulsory

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