Dear Sir / Madam:
My father passed away with a will. We want to transfer the shares in the CIDCO (Navi Mumbai) leased property of my father as per the will equally to my mother and my sister. Now since CIDCO wants to probate the will
1. Would there be a stamp duty?
2. Does my mother who is a widow have to to pay the stamp duty? I have heard that it is waived since she is not an income earner.
3. What about my sister?
4. If there was a gift deed, would this transfer attract any charges other than the charges imposed by CIDCO
Thanks for your help in advance.