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HG   05 April 2021

Procedure and taxes applicable on property transfer

What is the procedure to transfer my mothers property ( house and agricultural land) to my wife's name? 

What would be the applicable taxes and stamp duty.........I am from Maharashtra



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 2 Replies

Sanjay Narayandas (Advocate)     07 April 2021

Hey,
Easiest method would be to do a gift deed, if your mother is willing to do it. But, this transfer of property is happening based on some settlement that your wife/you would pay your mother some money in return or without any money just out of love and affection?

HG   08 April 2021

Is there any tax applicable in gift deed? 


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