gift of amount

r.pratap (Querist) 14 August 2015 This query is : Resolved
Sir
I want to give rs 2 lac to my married dsughter , whether simply giving account payee cheque is enough or some document like stamp paper /receipt is required separately.
Thanks.

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kavksatyanarayana (Expert) 14 August 2015
@author, when you are giving cash/movable property, it requires account payee check. if it is immovable property, it requires registration of document.

r.pratap (Querist) 15 August 2015
Thanks sir.for your guidance.

Rajendra K Goyal (Expert) 15 August 2015
You can give account payee cheque.

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