what is court fee for succesion certificate in mumbai for transfer of flat in chs.is
In a landmark order, the HC Taxing Master ruled that legal heirs seeking transfer of a flat in a CHS after the death of the owner need to pay court fees on the value of the share in society and not the market value of the flat. In a CHS, each flat owner is issued five shares valued at Rs50 each.
This order will benefit persons applying for a succession certificate for a flat in a CHS as till now, they were required to pay a court fees calculated as a percentage of the market value of the flat. The court fees for a succession certificate calculated under the Indian Succession Act is zero.
that order in force.
is the article printed on https://www.dnaindia.com/mumbai/report_now-get-succession-certificate-without-paying-court-fee_1015294 is corect.
