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(Guest)

Share transfer incase of gift deed gujarat state

Hello,

My unmarried sister has transferred her house to me through gift deed. Stamp duty was fully paid.

Now, when i approached our society to transfer the share certificate on my name they are asking for hefty share transfer fees. They say that gift deed was made using stamp paper so it is a transaction. They do not have any clear rule regarding this matter.

I would like to know the clear ruling related to the matter with reference to Gujarat State. I have read in many articles that such share transfer fees is not applicable in Maharashtra. But incase of Gujarat, I did not find any related rules.

Please help.



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 1 Replies

SHIRISH PAWAR, 7738990900 (Advocate)     15 March 2022

Hello, 

Society cannot charge regular transfer fees as gift deed is executed by your unmarried sister. You can approach co op registrar against the society. 

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