Single format · FV08-I2-3

Gift deed, FEMA and income-tax clauses

A single format from the Transfer, Gift, Inheritance and Repatriation of Sale Proceeds pack. NDI Rules 2019, Rule 24(b) · ITA 2025 s.70, s.92(3).

Length
1 page
Blanks to fill
9
Files
Word and PDF
Law stated to
16 September 2026

What it covers

  1. 1Gift deed, FEMA and income-tax clausesNDI Rules 2019, Rule 24(b) · ITA 2025 s.70, s.92(3)9 blanks

Read the opening

The first part of the format, as it downloads. Blanks are highlighted.

Insert after the operative gift clause. The gift deed must be registered and attested by two witnesses, and accepted during the donor's lifetime.

CLAUSE [Clause number] — DECLARATIONS UNDER FOREIGN EXCHANGE AND TAX LAW

  1. Status of the parties. The Donor is [a person resident in India / a citizen of India resident outside India / an OCI cardholder]. The Donee is [a person resident in India / a citizen of India resident outside India / an OCI cardholder, card no. ___], each within the meaning of the Foreign Exchange Management Act, 1999.

  2. Relationship. The Donee is the [son / daughter / spouse / brother / sister / father / mother / son's wife / daughter's husband] of the Donor, and is a "relative" of the Donor within section 2(77) of the Companies Act, 2013 read with rule 4 of the Companies (Specification of Definitions Details) Rules, 2014. Proof of the relationship is annexed.

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