Priyanka (Legal Executive) 22 August 2014
A member of a Co-operative Housing Society bought two flats of another member and the latter gave his one flat in exchange. Under the Maharashtra C-operative Societies Act, if there is an exchange of flats are the transfer fees payable in respect of the exchanged flats?
Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 ) 22 August 2014
Even though you are exchanging the flats for each others it will be in one and the same deed. You will have to pay the stamp duty on the market value of the flat which ever is higher among the two.
Priyanka (Legal Executive) 23 August 2014
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