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Gift

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(Querist)
01 May 2009 So for receiving gift in kind is there any specific procedure or i have to make transfer deed.

Thank You.
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
01 May 2009 It is better to make transfer deed
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
01 May 2009 Prepare a gift deed and the gift deed should mention the properties being tranfered.

Based on gift deed if necessary for transfer you have to prepare transfer deeds.
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taxindiaconnect

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taxindiaconnect (Expert)
01 May 2009 I Agree with B, Srini.
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kunal

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kunal (Querist)
01 May 2009

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