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What Will Be The Stamp Duty Of Gift Deed In Mumbai?


20-Apr-2023 (In Civil Law)
What Will Be The Stamp Duty Of Gift Deed In Mumbai?....what is the percentage (%).....................
Answers (3)

Answer #1
629 votes
If the Gift Deed is being transferred amongst the close blood relatives in Maharashtra, then no stamp duty is required to be paid. However, if the Gift Deed gets transferred amongst unknown persons or friends or far away relations, not in terms of locations, but in terms of relation, then the concerned Donee/Donor has to bear the expenses of 5 percent Stamp Duty & 1 Percent Registration fee.
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Answer #2
688 votes
What is the relationship between parties? you need to share documents prior to taking up the issue further. To address your query, we need to understand the facts and thereafter take up the matter for an opinion.
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Answer #3
854 votes
This is my response to you:
1. If it is direct blood relative then 3%;
2. If not direct blood relative it will be treated as a sale deed;
3. You can also check on website: igrmaharashtra
4. Consult a local lawyer and take steps.
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