KNOW ALL MEN BY THESE PRESENTS that I, _____________ S/o Sh.___________ r/o ____________________, transfers voluntarily, CASH OF value of which is Rs._____________ (Rupees_____________ only) to my SON/HUSBAND/SON IN LAW SRI.____________ S/o of Sh._________________ (hereinafter referred to as "the donee") To Hold the same to the donee absolutely forever. I further declare that the said gift has been made by me out of my natural love and affection for the donee and the same has been accepted by the donee.
IN WITNESS WHEREOF, I have executed this deed this ________ day of __________.
I, SRI. ______________, the donee hereby accept the gift.
MODIFY THE FORMAT SUITABLY BY ADDING THE AMOUNT AND CHEQUE/ D D NOS'
AS PER MY VIEW GIFT DEED NEED NOT BE MADE , AS it is gift in terms of money. IN case of gift of money , it is option to execute gift deed. u can ask ur C.A... WHETHER gift deed is required at the tim eof filling return or at the time of scrutiny.