Hi,
My question is that my mother wants to gift her property in Balkum, Thane to her son by registered gift deed. Is there LBT of 1% to be paid?
Akshat Singh (Accountant) 15 November 2015
Hi,
My question is that my mother wants to gift her property in Balkum, Thane to her son by registered gift deed. Is there LBT of 1% to be paid?
ROHIT SHARMA (Legal Advisor ) 15 November 2015
1. The gift if made to blood relation then the gift deed does not attract any reveune stamp fees except for the registrations fees which are standarized and for that you can ascertain from the sub-registrar's office where you will file the gift deed for registration.
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