'relative' for stamp duty
A.Bose
(Querist) 17 July 2016
This query is : Resolved
Sir,
There is a house property in West Bengal registered in the name of my grandfather(father of my father) who passed away in 1992. He had his widow, 4 children, 2 sons and 2 daughters. One of the daughters is pre-deceased, has one son and husband living.
All of the above have decided to gift the property to me.
My question is, whether it will be a transfer of property to a 'grandson' (therefore relative) for the purpose of Stamp Duty or gift should be treated part wise, considering 'relationship' with each of the successors?
Regards.
Kumar Doab
(Expert) 17 July 2016
Your relation with each one is different.
Look into the def. and list of relatives for the purpose of stamp duty in SRO.
Rajendra K Goyal
(Expert) 18 July 2016
Stamp duty differ from state to state, discuss / consult local registrar office / local lawyer.
A.Bose
(Querist) 18 July 2016
Sir,
my question is, can we show his as a transfer from a grandfather to a grandson, where the successors are signing only in representative capacity?
Kumar Doab
(Expert) 18 July 2016
LCI Expert Mr. Devajyoti Barman is from West Bengal.
You may consult him.