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Stamp duty charges on gift deed
02-Sep-2023 (In Property Law)
What is the stamp duty charges when an individual gifts the property to his sister’s daughter (niece) in Bangalore ? Does it count as blood relation or not ?
hello Sir/Madam
Sister's daughter will not be considered as blood relation for the purpose of stamp duty in Karnataka. You have to pay 5% stamp duty on the guideline value of the property.
you can gift the same to your sister and your sister can gift the same to her daughter.
Helpful?
Adv. Rekha C. V.
Bangalore / Bengaluru | 50+ Answers
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