Is it called transfer when gala exchange for only conveyance purpose

hetalsangoi (Querist) 05 April 2013 This query is : Resolved
We have currently exchanged commercial units to our nearest neighbor for the our conveyance of our existing office. We have possessed Gala no 8 & 10. We have exchanged Gala no 10 and got exchanged & how having Gala no 9. So now it is easy for our conveyance to access Gala no.9.with 8 Is this transaction called transfer u/s 2(47) of Income tax Act 1961.

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Devajyoti Barman (Expert) 05 April 2013
Without registered deed of exchange, such exchange shall have no force,

ajay sethi (Expert) 05 April 2013
ded of exchange has to be prepared pay stamp duty and registration charges . contact a local lawyer

Raj Kumar Makkad (Expert) 06 April 2013
I do agree with Sethi.

hetalsangoi (Querist) 21 July 2013
on which amount stamp duty is require to pay?

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