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Stamp duty and registration on gift deed.


24-Nov-2023 (In Property Law)
have property in the name of A and B market value 2300000/- Now the same A want to gift to B I want to know how much stamp duty and registration charges have to pay and on what amt.
Answers (1)

Answer #1
897 votes
This is my response to you:
1. If the property needs to be transferred to B then a gift deed will be expensive;
2. What are the relations of A and B;
3. You can execute a Release Deed;
4. The stamp duty is less and registration fees is also nominal;
5. Consult a local lawyer and take steps.
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