If gift are made then you better discharge same with gift deed to avoid disputes among family members.
It is generally required to be made before giving gift but you can regularize the same after gifting property also.
Also note you need to pay Stamp duty.
Thanks//Vaibhav Revert for more clarity. Click thank button to convey your appreciation.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
18 December 2012
thank you for your reply. but i want to know the period within which i can prepare gift deed after making payment of such gift amount.