Registration of Gift Deed

Atul Vachharajani (Querist) 25 June 2015 This query is : Resolved
If the Gift Deed is executed today wherein the date of gifting is mentioned as a date 6 months back then can it be registered? Stamp Duty may be paid at todays rate as it is executed today.

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Anirudh (Expert) 25 June 2015
The question of gifting without proper registered document (in this case 6 months earlier) simply does not arise.

First please explain, as to why and for what reason it is being stated in the document that gifting has taken place 6 months back.

Also state whether the Gift Deed has been now prepared in the plain paper or on stamp paper.

Rajendra K Goyal (Expert) 25 June 2015
Gift deed should be got registered without delay to be legally effective.

Dr J C Vashista (Expert) 28 June 2015
The transaction of gift (immovable property) is complete only after the donee has accepted and deed is signed/executed and registered.

Atul Vachharajani (Querist) 04 July 2015
It will be stated that it was gifted 6 months back as the couple celebrated 25 years of marriage on that date and hence part of immovable property needs to be gifted. It will be on stamp paper with all duties etc. payable as per today's rate.