Gift Deed online — gift money to family, tax-proof & stamped.
Gifting money to your son, daughter, spouse or parents? Make it official. Fill one form, get the draft on email within minutes, and we execute it on your state's e-stamp paper — the proof banks and the Income Tax department ask for. Service charge ₹499 (incl. GST) + state stamp duty.
THIS DEED OF GIFT is made on __ / __ / 20__ at __________
BETWEEN Donor's Name, S/O, D/O, W/O __________, hereinafter the DONOR;
AND Donee's Name, hereinafter the DONEE, being the Donor's relation.
The Donor, out of natural love and affection and without any consideration, hereby gifts, transfers and delivers the said sum to the Donee, who hereby accepts the same. The Donor confirms the gift is irrevocable.
eDrafter
Create your Gift Deed in 4 steps
No lawyer visits, no stamp-vendor queues — everything from your phone.
Fill the form
Donor and donee details, relationship, amount gifted and how it was transferred (bank, UPI, cheque or cash).
~5 minutesPick state & add-ons
Choose your state's stamp value, Quick or Standard scan, and optional phone-OTP / Aadhaar e-sign.
State-wise duty shownDraft on email
The draft lands in your inbox within minutes of ordering. Review it and ask for changes if needed.
Within minutesStamped & delivered
Executed on e-stamp paper; scan on email in 2 hours, hard copy couriered to your door.
Delivery in 1–3 daysWhy draft it with eDrafter
What is a Gift Deed?
A Gift Deed is a document by which a person (the donor) voluntarily transfers money or property to another person (the donee) without taking anything in return. Under Section 122 of the Transfer of Property Act, 1882, a gift is valid only when it is made voluntarily, without consideration, and accepted by the donee during the donor's lifetime. For money and other movable assets, a stamped and signed deed with delivery of the amount is enough — registration is required only for immovable property.
Why bother with a deed for a family gift? Because under Section 56(2)(x) of the Income Tax Act, money received from specified relatives is fully exempt, but money from anyone else above ₹50,000 a year is taxable as income. When a large credit shows up in your account, the bank or assessing officer asks for proof. A Gift Deed naming the donor, donee, relationship and amount is that proof. eDrafter drafts it, executes it on your state's non-judicial e-stamp paper, and can pair it with a supporting affidavit or a Will for the rest of your estate planning.
Every Gift Deed we draft covers
Who makes a Gift Deed
The common situations where a stamped deed saves a tax notice later.
Parents to children
Helping with a home down-payment, education abroad or a business start — exempt from tax, but the bank will ask for the source.
Between spouses
Transferring funds to a spouse's account for investments or a joint purchase. The deed also helps with clubbing-of-income queries.
NRI to family in India
Remitting money to parents or siblings. The deed is the FEMA-compliant proof of a gift, signed remotely via Aadhaar e-sign.
Wedding & occasion gifts
Large cash gifts at a wedding are tax-exempt regardless of who gives them — a dated deed records the occasion for your ITR.
Stamp duty, tax & validity
For money and movable assets the rules are simpler than for property — here's what matters.
Gift Deed vs Will
Both move assets to the people you love — the difference is when and whether you can change your mind.
| Gift Deed | Will | |
|---|---|---|
| Takes effect | Immediately, during the donor's lifetime | Only after the testator's death |
| Can be changed | No — irrevocable once accepted (Section 126) | Yes, any number of times |
| Paper & duty | Stamp paper; nominal duty for money, ad valorem for property | Plain paper; no stamp duty |
| Registration | Mandatory for immovable property only | Optional |
| Best for | Giving money or assets now, with clean tax proof | Keeping control until you pass away — make a Will |
Create your Gift Deed now
Service charge ₹499 (incl. 18% GST) + your state's stamp duty. Draft on email within minutes of ordering.
GIFT DEED
This Deed of Gift is made and executed at ____________ on this ,
BY
, , residing at , holding PAN , hereinafter called the "DONOR" (which expression shall, unless repugnant to the context, include his/her heirs, legal representatives, executors and assigns) of the ONE PART;
IN FAVOUR OF
, , residing at , holding PAN , hereinafter called the "DONEE" (which expression shall, unless repugnant to the context, include his/her heirs, legal representatives, executors and assigns) of the OTHER PART.
WHEREAS:
- The Donor and the Donee are related to each other, the Donee being the of the Donor.
- The Donor, out of natural love and affection for the Donee, is desirous of gifting a sum of ₹/- (Rupees Only) to the Donee.
- The said amount belongs to the Donor absolutely, is from the Donor's own lawful and duly accounted sources, and the Donor has full right and authority to gift the same.
- The Donee has agreed to accept the said gift.
NOW THIS DEED OF GIFT WITNESSETH AS UNDER:
1. Gift. In consideration of natural love and affection, the Donor hereby gives and transfers by way of gift, absolutely and irrevocably, a sum of ₹/- (Rupees Only) to the Donee, without any monetary consideration whatsoever.
2. Mode of Transfer. The said amount has been / shall be transferred by the Donor to the Donee [as per the selected Mode of Payment]. by way of bank transfer to the Donee's account bearing details: , vide transaction details: . by way of UPI transfer to the Donee's UPI ID , vide transaction details: . by way of Cheque No. , with transaction details: . in cash, the receipt of which the Donee hereby acknowledges.
3. Acceptance. The Donee hereby accepts the said gift during the lifetime of the Donor, and the Donee's signature on this Deed signifies such acceptance.
4. Absolute Ownership. From the date of this Deed, the Donee shall be the absolute owner of the gifted amount and shall be free to use, invest, or deal with it in any manner the Donee deems fit, without any interference from the Donor or any person claiming through the Donor.
5. Irrevocability. This gift is voluntary, unconditional and irrevocable. Neither the Donor nor his/her heirs, legal representatives or assigns shall have any claim over the gifted amount in future.
6. Free Will. The Donor declares that this gift is made of his/her own free will and volition, while in a sound state of mind, without any coercion, undue influence, fraud or misrepresentation.
7. No Repayment. The gifted amount is not a loan or advance and shall not be repayable by the Donee in any circumstances.
8. Governing Law. This Deed is governed by the Transfer of Property Act, 1882 and other applicable laws of India.
IN WITNESS WHEREOF, the Donor and the Donee have signed this Deed on the date, month and year first above written, in the presence of the following witnesses.
DONOR
DONEE
WITNESSES:
1. ______________________
2. ______________________
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Frequently asked questions
A Gift Deed is a legal document under Section 122 of the Transfer of Property Act, 1882, by which a person (the donor) voluntarily transfers money or property to another person (the donee) without any consideration. The donee must accept the gift during the donor's lifetime. Once executed, it is the primary proof that the transfer was a gift and not a loan or income.
It is not compulsory, but strongly advisable. When a large amount is credited to your account, the bank or the Income Tax department may ask for the source. A Gift Deed on stamp paper, naming the donor, donee, amount and relationship, is the cleanest evidence that it was a tax-exempt gift from a relative.
Under Section 56(2)(x) of the Income Tax Act, gifts received from specified relatives (spouse, parents, children, siblings, their spouses, lineal ascendants/descendants) are fully exempt. Gifts from non-relatives are exempt only up to ₹50,000 in aggregate per financial year; if the total exceeds that, the entire amount is taxable as income from other sources. Gifts received on the occasion of marriage, by will, or by inheritance are also exempt.
No. Registration is mandatory only for gifts of immovable property (Section 123, Transfer of Property Act). A gift of money or other movable property is valid on a stamped and signed deed, with delivery of the amount. Notarisation is optional but adds evidentiary weight.
For movable property such as money, most states charge a nominal fixed stamp duty (commonly ₹50 to ₹500). It is not calculated as a percentage of the amount gifted, unlike immovable property. eDrafter shows the valid stamp values for your state in the form and executes the deed on SHCIL-authorised e-stamp paper.
Generally no. Under Section 126 of the Transfer of Property Act, a gift once accepted is irrevocable, except where the donor and donee agreed in advance that it would be revoked on a specified event not depending on the donor's will, or where the gift was obtained by fraud, coercion or undue influence. Courts can also set aside a gift that was never actually accepted.
Yes. A minor can be a donee; the gift is accepted on their behalf by a natural guardian. A minor cannot, however, be a donor — the donor must be a major of sound mind, competent to contract.
Yes. Gifts in INR from an NRI to a resident relative are permitted under FEMA, and the deed serves as proof for the resident's tax records. eDrafter offers Aadhaar / phone-OTP e-signing so the donor abroad can sign without visiting India.
PAN of donor and donee, their addresses, the relationship between them, the amount gifted (in figures and words), mode of transfer (bank transfer, UPI, cheque or cash) with transaction details, and ID proof of the parties. Two witnesses sign the deed at execution.
The draft is on your email within minutes of ordering, so you can review and request changes. After approval, the deed is executed on e-stamp paper: Quick Scan within 2 hours and Standard Scan by 6 PM the same day for orders placed before 3:30 PM (Mon–Sat). The hard copy is couriered to your address.
A Gift Deed transfers ownership immediately, during your lifetime, and is irrevocable. A Will takes effect only after death and can be changed any time. Use a Gift Deed when you want the recipient to own the money or asset now; use a Will when you want to keep control until you pass away.
This page is for gifts of money. For immovable property, shares, vehicles or conditional gifts, get a custom Gift Deed drafted by an advocate — property gift deeds must also be registered at the Sub-Registrar office.
Give with clean paperwork.
One form, drafted by legal experts, stamped for your state, scan in 2 hours, hard copy at your door.
