LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Nagesh (private empolyment)     30 January 2024

Stamp duty for gift deed

Dear Learned counsels,

Grand Father wants to gift his self acquired property in favour of his Grand Daughter and his Daughter in  law (being wife and daughter of his son).   

Is the   requisite stamp duty is to be remitteed for Daughter in law's share (say 50%)    since Daughter in law is not blood relative of the donor ?

I feel no stamp duty is not attracted for Grand Daughter (share say 50% of the property)  since she is from the same blood line of the donor.

The property is in Bangalore, Karnataka.

KIndly Clarify.



 3 Replies

T. Kalaiselvan, Advocate (Advocate)     30 January 2024

The applicable stamp duty has to be paid. 

Your own presumptions are incorrect. 

Murthy   30 January 2024

transfer of property inside immediate family mdmbrrs being Class I legal heirs is out of love and affection without monetary consideration Howeverstamp duty on Gift Deed has to be paid along with registration fee surcharge and cess

Nagesh (private empolyment)     31 January 2024

Thank you sirs, for your valuable replies.



Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register