Satish
27 February 2022 at 01:43
Dear All,
When i approached a Document Writer regarding transferring my father-in-law's self-acquired property to my daughter as a gift deed, he said that we have to pay 6% as it falls into 'others'. I was not convinced though. Since my daughter's surname is different to my in-law's surname it falls into 'other' categories, he claimed.
I believe that we have to pay less stamp duty as she is a blood relative. The property is located in Telangana.
Do maternal grandchildren qualify for the 'blood-related' category of a Gift Deed? Please suggest me.
Your help is greatly appreciated.
Satish
Gift deed to a grand daughter
Dear All,
When i approached a Document Writer regarding transferring my father-in-law's self-acquired property to my daughter as a gift deed, he said that we have to pay 6% as it falls into 'others'. I was not convinced though. Since my daughter's surname is different to my in-law's surname it falls into 'other' categories, he claimed.
I believe that we have to pay less stamp duty as she is a blood relative. The property is located in Telangana.
Do maternal grandchildren qualify for the 'blood-related' category of a Gift Deed? Please suggest me.
Your help is greatly appreciated.
Satish