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jayaramesh (SSE)     01 October 2009

clarification on gift to daughter

HI, iam ramesh from hyderabad , andhra pradesh . i want clarification on pasupukunkuma deed which include a TP Of land From my mother to daughter to her marriage.

Is that deed should be registerd in sub register office . or Notary will be enough. If it is to be registered what % of tax will be applicable.

waiting for u reply to my mail id



Learning

 4 Replies

adv. rajeev ( rajoo ) (practicing advocate)     01 October 2009

Under section 17 of the indian regn., act any immovable property which is more than Rs.100 is tranferred then it should be regd., 

jayaramesh (SSE)     01 October 2009

Thanks Mr.rajeev, can i know what % will be taken for registration? ( Example like 3% 4%  13% etc)
That particular land is the name of my father and mother , my father expired so my mother signiture alog with
my father DC id enough, or the brothers also shuld sign as witness at the time of registration.
looking farword for your  reply

Raj Kumar Makkad (Adv P & H High Court Chandigarh)     02 October 2009

So far as registration charges are concerned, these vary state to state so definite charges can be told to you. After the death of your father each one of you and your mother have become co-sharer in equal share of his share and each and every person, if given his respective share, shall have to get executed deed, may be joint or separate as per facilitation.

Sachin Bhatia (Advocate)     04 October 2009

Agreed with Mr. Raj Kumar


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