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PRABAHAR (marketing)     03 May 2011

Family Gift settlement

I want to gift my property (A plot) to my elder sister. Is there any exemption in stamp duty? I'm in Tamil nadu state and the property also in tamil nadu state.



Learning

 2 Replies


(Guest)

Percentage of Stamp duty is nominal for gifts between blood relations,rate of stamp duty varies from state to state.

Vishnu Promod Srivastava (TAX CONSULTANT)     04 May 2011

Ld. Kushan VYAS Advocate advised correctlly.


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