In a gift deed if the donee pays for the stamp duty

Ravi Kohli (Querist) 03 March 2024 This query is : Resolved
if the donee pays for stamp duty the gift deed becomes void and has to be treated as sale deed. as consideration ha passed.
i want recent supreme court judgements on it

Follow Query

Report Abuse

Quick Summary

This discussion explores the legal implications when a donee pays the stamp duty on a gift deed. The general consensus is that if the donee pays, the gift deed might be considered void and treated as a sale deed due to consideration passing. While recent Supreme Court judgments on this specific point are not readily available, established principles suggest the donor is typically responsible for stamp duty as per the Indian Stamp Act and historical board proceedings.

kavksatyanarayana (Expert) 03 March 2024
I think recently no judgement has been issued on the topic. You can search for the same under the subhead of Judgements of this forum on the top. As per Board Proceedings No.2806/dated 06.10.1879 the stamp duty is payable by the donor. And under Sec.29 (a) of the Indian Stamp Act, the executant shall pay the stamp duty on the Gift (settlement) documents.

T. Kalaiselvan, Advocate (Expert) 04 March 2024
It is true that the donor only has to bear the stamp duty towards the execution of registered gift deed.
You can search for the desired judgment through judgment section of this website or through internet

P. Venu (Expert) 09 March 2024
The posting suggests deeper issues. Please post complete facts.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries