Clarification on procedure for making a gift deed by mother to son

702 votes

for a property valuation of Rs 8 lakhs
Stamp Duty (In Rs.) Rs. 4000
Registration Fee (In Rs.) Rs. 8000

If you need any further assistance you may contact me. A gift deed prepared by a lawyer is chargeable.

Advocate Robert D Rozario LawRato

588 votes

As it could be said, there will be .5% required for stamp duty since its a gift within close blood relation which amounts to Rs 4000/- (If the market valie of the property is 8 Lakhs) and 1.1% required for registration cost which amounts to Rs 8800/- (If the market valie of the property is 8 Lakhs) in our West Bemgal. The market value can be determined from wbregistration.gov.in.

Advocate Ujjal Kumar Ray LawRato

667 votes

Dear querist,

If the circle rate is 8 lakhs then you have to pay 0.5% stamp duty with registration fee 1% . So total 1.5 % of 8 lakh= 12 thousand as to government of West Bengal... legal fees differs for different advocate we charge 2% of total valuation or 25 thousand whichever is minimum for registry + registry office expenses which will be around 4.5 K and if commission is done it will be 7 K...as 2% of 8 lakh is less than 25k, we will take 25k + 7(as we prefer Commision) + 12 k. so if you come to us the whole process will be done in 44 k and please don’t insult us by bargaining... we are transparent and work according to our fee structure... if you want our help call us through lawrato



Regards

Advocate Rahul Uday Singh LawRato