Stamp duty rate of gift deed in maharashtra

The stamp duty for a gift deed is Rs. 200/- for family members and registration charges at @ 1%.  Consult a local CA for tax benefits.

Stamp duty and registration charges are a State subject, which differs from a state to another state.

Consult area Sub-Registrar, document writer or a local lawyer.

Thank you for your reply. In this case, the gift is from daughter to mother which probably does not come under lineal descendency but its lineal ascendency. Will the concessional stamp duty of Rs 200/- be applicable in such a case? 

In Maharashtra, the stamp duty for a gift deed of immovable property from a mother to her daughter is Rs. 200, as it falls under the category of a gift between close family members.

This reduced rate applies specifically to residential and agricultural properties gifted to specified family members, including children. 

Each co-owner is required to deduct TDS on their share of the property transaction, file Form 26QB separately, and issue Form 16B as proof of TDS deduction. Proper documentation of ownership shares and payment details is essential for ensuring smooth TDS compliance under the Income Tax Act, 1961.

Originally posted by : T. Kalaiselvan, Advocate
	In Maharashtra, the stamp duty for a gift deed of immovable property from a mother to her daughter is Rs. 200, as it falls under the category of a gift between close family members. This reduced rate applies specifically to residential and agricultural properties gifted to specified family members, including children.  Each co-owner is required to deduct TDS on their share of the property transaction, file Form 26QB separately, and issue Form 16B as proof of TDS deduction. Proper documentation of ownership shares and payment details is essential for ensuring smooth TDS compliance under the Income Tax Act, 1961.

Sir, please confirm that the reduced stamp duty also applies for a gift from Daughter to her Mother, which is the context of my query. TIA