Stamp duty for a gift

Kishor Mehta (Querist) 07 April 2018 This query is : Resolved
What would be the stamp duty and registration charges, in Maharashtra, when a father wants to gift his property to his son? Senior Citizen

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Kumar Doab (Expert) 07 April 2018
Local counsels e.g; Mr. Hemant Agarwal can help you the best as they keep track of latest amendments/notifications ..

Sri Vijayan.A (Expert) 07 April 2018
Write a settlement deed, not a gift deed.
Gift deed attracts more stamp duty and registration fee.
The settlement deed to son due to natural love and affection has least expenditure.

Kishor Mehta (Querist) 07 April 2018
The stamp duty on a gift deed to a blood relation, in Maharashtra, is @3% of the ready reckoner value or declared value, whichever is higher. Registration charge depends on the value with a ceiling of ₹30000/-

Ms.Usha Kapoor (Expert) 08 April 2018
GIFT FROM FATHER TO SON ONLY Rs.200/- STAMP DUTY IS PAYABLE APART FROM REGISTRATION CHARGES.IN MAHARASHTRA..

Dr J C Vashista (Expert) 08 April 2018
@ Kishor Mehta,
Please send a private message to expert Mr. Hemant Aggarwal to avoid every one (including some impersonating expert) poke his/her nose and respond to such open post.
However, stamp duty for Gift Deed is same as of Conveyance Deed in Delhi .
Warm regards

Kishor Mehta (Querist) 08 April 2018
Stamp duty on gift deed within the family is enhanced from ₹200/- to 3% of the value from 07 September 2017 in Maharashtra.

Kumar Doab (Expert) 08 April 2018
Vashistaji,

Who is his and even her in your post;

"@ Kishor Mehta,
Please send a private message to expert Mr. Hemant Aggarwal to avoid every one (including some
impersonating expert) poke his/her nose and respond to such open post.
However, stamp duty for Gift Deed is same as of Conveyance Deed in Delhi .
Warm regards
"

Dr J C Vashista (Expert) 08 April 2018
Dear Sh. Kumar Doab.
Concerned person do understand my language very well which is addressed to an impersonating expert.
However, it is not Mr. Kumar Doab, I may clarify.
Thanks and regards.