Gift deed

This query is : Resolved

CA Khyati Pithadia (Querist)
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10 February 2014 Cash gift is given in the month of September, 2013 and and now Gift deed is drafted i.e. after 5 months. Can such gift deed can be made for which Gift is given before 5 months and Deed is executed now ?

Can it be a valid deed as per act ?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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11 February 2014 its a cash gift. so there is no paper trail...mention any date for receipt of cash as you want to..why do you have to mention that u received it 5 months ago??

CA Khyati Pithadia

CA Khyati Pithadia (Querist)
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11 February 2014 Suppose gift is given by chqeque before 5 months then what is the situation ?

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