Execution of will

hetalsangoi (Querist) 17 October 2013 This query is : Resolved
Property transferred on the execution of will require to pay stamp duty?
Please justify the suggestion with section of the respective act of the Law?

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adv. rajeev ( rajoo ) (Expert) 18 October 2013
No need to pay stamp duty. It is better to refer your state's stamp duty

adv. rajeev ( rajoo ) (Expert) 18 October 2013
Just you will have to file an application by enclosing the copy of the will to get enter your name to property to the concerned officer.

prabhakar singh (Expert) 18 October 2013
First make your query meaningful?

Anirudh (Expert) 18 October 2013
Transfer takes place only between inter-vivos (i.e. living persons). Transfer cannot take place between a dead person and a living person. Therefore, on the execution of the will no 'transfer' of the property takes place.

In fact on the basis of the said WILL, you only have to get the name of the beneficiary under the WILL mutated in the records.

Devajyoti Barman (Expert) 18 October 2013
No stamp duty is required.
Only mutation is required to be done to effect the Will.

ajay sethi (Expert) 18 October 2013
agree with anirudh

R.K Nanda (Expert) 18 October 2013
nothing to add more.

Rajendra K Goyal (Expert) 21 October 2013
Well advised by the expert, nothing more to add.

malipeddi jaggarao (Expert) 22 October 2013
The reply of Mr.Barman is short and specific. No need to add more.

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