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Amit (General Manager)     08 September 2011

Registration / gift tax on immovable property

I want to gift my flat to my father.

What kind of tax it would attract?

Do my father have to pay registery fee? 



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 2 Replies

adv. rajeev ( rajoo ) (practicing advocate)     08 September 2011

For registration of gift stamp duty is minimum, for this refer your state stamp act  or contact your taluka sub registrar.

1 Like

Amit (General Manager)     12 September 2011

But would the gifted flat add to my father's income for that year?


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