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Gift deed stamp duty in gujarat
Updated: Mon, Jul 15 2013.
Will I be required to pay full stamp duty?A gift deed must be executed by the donor and the doneeby you and your mother.07 54 PM IST.It would be advisable for you to check with a local lawyer in Gujarat as to what the registration fee would be on the gift deed.However, if your sister challenges your mothers will (which can be done by filing a caveat in the probate petition filed by you your probate petition will be converted into kltv gift of love a testamentary suit and will have to be defended by you as any other suit.Your mothers will shall only become operative after her death.
Please also see this link ml, here is the link to the website which has a link to the circular too you may read the comments also, which will give you a good idea.
Waives stamp duty ON transfer OF land / flat TO KIN or family members.Thus for the gift to be valid it must be made by your mother voluntarily, without any exchange of money and it needs to be accepted by you.A gift deed is a compulsorily registerable document as per the provisions of the Registration Act, 1908 and thus the same will be required to be registered with the applicable Sub Registrar of Assurances in Gujarat.M does not offer any such advice.Can the gift deed be made on a stamp paper.100.Stamp duty must be paid on the gift deed and the same must be registered.My mother wants to gift an immovable property located in Rajkot, Gujarat,.This announcement will give good relief to the families of transferors as they will not require to pay 5 stamp duty at market value as per ready Reckoner.