Stamp duty

chandu (Querist) 06 August 2012 This query is : Resolved
father gifted his flat to his son as a gift
my query is
1.what is stamp duty rate applicable , is any concession rate allowed for gifted property in blood relation. ?

2. what will be the transfer fees in society Is any concession rate allowed as per society bye-law.?

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A V Vishal (Expert) 06 August 2012
Stam duty on gift etc... to blood relations is at concessional rates in some states you need to check it up with your local registration office.

ajay sethi (Expert) 06 August 2012
generally stamp duty is 2% . check your local stamp act

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