Gift deed of money

This query is : Resolved 

02 April 2019 Is gift of more than 2 lakh by grand mother to grand son who earns more than 15 lakh Tax free ?
Where such gift deed be registered ? Because Registrar office refused to registered gift deed of money.

02 April 2019 Gifts between relatives is tax free

02 April 2019 No requirement of gift to be registered. If you want, you can at best ask the grandmother to execute a gift deed for such transfer and still not register it




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