stamp duty charges on gift deed in uttar pradesh

693 votes

To transfer the property through gift deed, gift deed attracts 2% stamp duty on market value of property in Uttar Pradesh.
The stamp duty on a Gift varies from state to state and most of the state governments also have a provision for relatively lower rates of stamp duty for women. Feel free to get in touch for further assistance on documentation.

Advocate Siddhant Sharma LawRato

507 votes

Hello,

Though there is no exchange of money involved in the process, registration of a Gift Deed is mandatory to make a valid transfer of property. Two witnesses have to be present during registration, who should also attest the Gift Deed. Once the registration process is complete, transfer of title can be made.
Stamp duty of recommended value has to be paid for registration of Gift Deed. The Stamp duty charges differ from state to state and also based on gender. Few states offer a concession in stamp duty if the property is gifted to family members.


The required rate can be told ro you only when you provide specific address. We can help you in getting the work done.

Regards

Advocate Anilesh Tewari LawRato