Stamp duty for Gift deed of funds from Father to Daughter

This query is : Resolved 

20 April 2024 Please let me know
1.the stamp duty rate for funds transferred to bank as gift from father to Daughter in Tamilnadu
2.Can gift deed be drafted mentioning the date and transactions from Bank statement over a period of years .
3.As proof for source of funds for repatriation of nro funds gifted by father under Form 15CA Part D, do we have to register the deed. (Does the bank insist on it)

23 April 2024 1 No stamp duty applicable for such transfer.
2 No need for such deed.
Give a letter with bank statement that's enough.
3 No deed required. Bank will not ask for it.



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