Regarding gift deed

This query is : Resolved 

30 November 2011
Whether Gift deed is mandatory in the case of cash gift given to the family member. any cash gift limit is mention in act for gift deed.

30 November 2011 It is not mandatory but it is advised to prepare a gift deed.
.
For preparing a gift deed amount is not prescribed under the IT Act.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries