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LBT on Release Deed and Gift Deed


12-Jan-2023 (In Property Law)
is 1% LBT applicable on registration of a Gift Deed or Release Deed in case of a immovable property in Pune
Answers (3)

Answer #1
717 votes
It depend up on the area where the property is located whether it it village or corporation area. For more details information for document registration do revert back to me or give me personal message.

Answer #2
956 votes
Hi,
As per Maharashtra Government circulation LBT 1% applicable for Gift Deed in blood relation documents.on other documents i.e .Release Deed No such LBT for transfer. Pls go through the Government circular.
Answer #3
957 votes
Hello,
Yes LBT of 1% is applicable on registration of gift deed or release deed of immovable property in Pune.

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