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Ram Chopra (Owner)     06 June 2012

Transfer of property to wife

I am inhereted by a Commercial Property in Kapurthala City Main Bazaar,

Now I want to transfer it to my wife via Transfer deed. BUt i am annoyed as local deed writers and authorities are saying me about the full stamp duty charges as the expenditure to be incurred for the deed.

Please help me for the proposed as I know Punjab Govt has lowered the taxes on Tranfer deeds for Blood relation.

And they are saying its only for residential urban properties.

PLease HELP Sir, if there is any reffrence or in written please Help out .

I will be very thankful.

 

Ram Chopra



Learning

 2 Replies

pervez (adviser)     06 June 2012

If I am correct, the duty ./ taxes are lower for Gift deed.... Transfer is possible in that way also... you may think on the same lines..

regards

Ram Chopra (Owner)     07 June 2012

Sir Kindly tell about the gift deed taxes / stamp duty for husband to WIfe, on commercial property in Kapurthala, Punjab. Please specify in percentage.


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