January 30, 2014 9:21 am
If I taken or given any amount through cheque/Net transfer in my family members(Wife/Brother/Mother/Father) its necessary to document as gift deed for Income tax purpose.
What is the value of the stamp paper on which a gift deed for transfer of money is made?
Dear Dkkatariya, to avoid any future trouble from income tax people, it’s in your own interest to prepare gift deeds for such transactions.
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