A method for transmitting and receiving data between a memo layer and an application and an electronic device using the same are provided. The method includes executing an application and displaying the executed application on a touch screen, detecting a gesture on the touch screen during execution of the application, displaying a memo layer overlapped on the application according to the detected gesture, the memo layer including a handwriting input area for displaying data to be provided to the application and a display area for displaying data received from the application, receiving a handwriting image in the handwriting input area of the memo layer, recognizing the received handwriting image and comparing the recognized handwriting image with preset data, and displaying a feedback received from the application in the display area of the memo layer according to a comparison result.