MANOJ 13 April 2019
P. Venu (Advocate) 23 October 2023
To my knowledge, in the given facts, no gift deed needs to be executed.
Naya Hai 21 July 2024
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Naya Hai 25 June 2025
From what I understand, the gift deed can be executed in Bangladesh, where the donors (your in-laws) reside. It should ideally be notarized by a notary public in Bangladesh and possibly attested by the Indian High Commission there to give it more validity in India. Once it's sent to India, it can be adjudicated and stamped under the Indian Stamp Act (varies by state) to ensure compliance.
As for tax implications in India:
On the Bangladesh side, I don't know if there are any restrictions or documentation needed for outward remittances, but your in-laws may want to check with their local bank or financial advisor there.
Lastly, I’d recommend consulting a CA or lawyer in India who’s familiar with international gifting and FEMA regulations—just to make sure everything is compliant on both ends.
Hope that helps!