Stamp Duty in Mumbai
Yuvak M
(Querist) 28 February 2011
This query is : Open
Hi,
My father intends to 'GIFT' a flat/ apartment in Mumbai to his Daughter in law (my wife). Would this attract 2% concessional Stamp Duty?
Also, if the flat is subsequently sold (within say 6-12 months), can the subsequent buyer get any discount/ set off on his liability of Stamp Duty?