Gift in cash

Whether Gift Can Be Received In cash from Relatives..?

Replies (9)

Yes, But atleast keep a gift letter on record.

If I received gift from my Father a 2 year ago.. and i dint have any record in writing..

But my father give me a latter of declaration that he gave me gift..

Whther it is justifiable in sucrutiny ...?

Does your father file return? Has he shown gift given to you in his balancesheet? If, yes then it could be convincing.

If not, a declaration, as you have would help. Please substantiate it by providing father's passbook copy showing withdrawal of the gift amount before the gift date, if any. The source of the gift would be considered important.

agreed with the above discussion

you can also make a gift deed now

AGREED WITH THE ABOVE DISCUSSION

Preferable gift deed and source required.

you can receive the gift in cash from relatives but it should be deed on stamp paper  as a proof  documents which is  enforceable by laws and the date of stamp paper shoul be earlier than the date of gift made.

you can make a gift declearation. it is nothing but a gift deed but the word should be used as gift declaration

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
ARTICLESHIP 28 July 2026
Article/Intern/Semi-Qualified/Fresher B.Com

VNSS & Co

Mumbai

Others

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Follow