id344

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For Money

500

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Document Description

Gift deed of money describes the voluntary transfer of movable property i.e. money from the donor (owner) to donee (receiver of gift) without any consideration. This deed specifies the amount of money to be gifted and conditions if any applicable on gift. So, it helps in determining whether the gift will be taxed or not. Also, if the condition is not fulfilled, your gift can be revoked.


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