Stamp duty - maharastra

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Local counsel specializing in revenue matters can also help you.

Please search again.

The concessesation stamp fee payable in Maharashtra  for transfer of property among close relatives seem to be withdrawn.

Please visit:

https://economictimes.indiatimes.com/wealth/personal-finance-news/maharashtra-government-revokes-decision-to-hike-stamp-duty-on-property-gift-deeds/articleshow/58745897.cmshttps://economictimes.indiatimes.com/wealth/personal-finance-news/maharashtra-government-revokes-decision-to-hike-stamp-duty-on-property-gift-deeds/articleshow/58745897.cms

The SRO, Deedwriters,local counsel have latest notifications.

Check locally.

The relation is not covered in list for exemption/waiver one has to pay accrodingly.

Sir/s

Thank you very much for the replies.

There is no official announcement by the Maharastra Government with regard to increase in stamp duty and registration charges.

There was only news paper announcements about increase and withdrawl of increase due to protest from the political parties.

I have done the extensive search through google and official department site, I could not find anything to support the increase in stamp duty.  The 2015 official announcement is effective as of now, which clearly state gift deed charges are Rs.500/- only for residential properties.

I don't know how to convice the SRO.

Once again thank you very much for replies.

Regards.

KK Chettiar

Take help of local counsels.

LCI experts Mr. Hemant Agarwal, Mr. Kishore Mehta,Mr. Madhu,Mr. M V Gupta, Mr. Yogen Kakade are from the state and you can benefit from their counsel.