Sir, if a man received rs 5 lakh cash or cheque from father in law whether gift gift deed has to be made?

Ashim kr Ray (social service) (1695 Points)

14 June 2017  
Sir, If a man received Rs 5 lakh in cash or cheque from father in law whether gift deed has to be made. If yes what is the process to make gift deed in this case ,only witten down in stamp paper by father in law is sufficient.