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Stamp duty fee for gift deed Mp property

Querist : Anonymous (Querist) 28 April 2018 This query is : Resolved 
Hi,

May be duplicate question.

My father has one brother. Property has with their name. Now, they wanted to gift the property to me. It seems my uncle doesn't come in blood relation. Could my father and uncle can transfer the property as gift deed to me?
And if yes then what will be stamp duty fee.

Please provide me details it would be helpful.

Thanks,
Jitendra
Ms.Usha Kapoor (Expert) 28 April 2018
Keep your father only to execute a registered and stamped gift deed in your favour.Stamp duty charges are minimal only if they are specified relations. Your father is one such specified relation along with you.Stamp duty differs from State to State.
Querist : Anonymous (Querist) 28 April 2018
Thanks for your quick response.
So, my father can transfer as gift deed.
What about my uncle, can he also transfer as gift deed? If he transfer as sell property then his property will come in income tax.
Could you please clarify?
Ms.Usha Kapoor (Expert) 28 April 2018
Only 9 types of relations are specified for paying less stamp duty and Registration charges. You and your father are one such relatives or specified relatives as per IT Act 1961.Your so called uncle as per your version is not your specified relation in which case stamp duty concession is not available.Even if your so called uncle sells the property it makes no difference.
Ms.Usha Kapoor (Expert) 28 April 2018
Only 9 types of relations are specified for paying less stamp duty and Registration charges. You and your father are one such relatives or specified relatives as per IT Act 1961.Your so called uncle as per your version is not your specified relation in which case stamp duty concession is not available.Even if your so called uncle sells the property it makes no difference.
Kumar Doab (Expert) 28 April 2018
If suitable and acceptable check IF IT is possible to gift from uncle to daddy and by daddy to you...
Check locally at LOCAL SRO...
Kumar Doab (Expert) 28 April 2018
Pls post with your ID and you can get many replies. Also draft properly so as to convey a clear message.
Your ID does not mean your email id or phone number and don’t post these also.
Kumar Doab (Expert) 28 April 2018
Pls post with your ID and you can get many replies. Also draft properly so as to convey a clear message.
Your ID does not mean your email id or phone number and don’t post these also.
Ms.Usha Kapoor (Expert) 23 June 2018
I stick to my above view.
Kumar Doab (Expert) 23 June 2018
A donor can gift to done and register the gift deed of immovable property.
If stamp duty, fee etc as per LOCAL rules amongst relations outside list of relatives as in your state, is not the issue then consider gift deed…
Approach a very able senior LOCAL counsel of unshakable repute and integrity specializing in revenue/civil matters and well versed with latest citations, LOCAL applicable rules/laws/revenue codes … and having successful track record…. and worth his/her salt…..and show the case related docs etc etc..
Your counsel can also draft the deed for you..
Even LOCAL senior deedwriter can also provide inputs on applicable fee/duty and draft the deed for you..
Ms.Usha Kapoor (Expert) 12 July 2018
I agree with My view and Kumar Doab's view.


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