Gift deed

JEGADEESAN (Querist) 26 January 2013 This query is : Resolved
Dear Sir,
I wish to clarify a doubt regarding Gift Deed.
i.e. Mr.Ram has decided to transfer a immovable property by the way of gift to his daughter .Hence he has to execute a gift deed in favour of his daughter.
What will be stamp duty(Stamp Paper+Registration fee) if the property's cost is Rs.35 Lakh?

Whether it should be registered mandatory?
Pl assume that Mr.ram have the property in Tamilnadu.

Regards,
S.Jegadeesan

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M.Sheik Mohammed Ali (Expert) 26 January 2013
just 10,000 rupees only. registration is mandatory.

ajay sethi (Expert) 26 January 2013
stamp duty and registration is mandatory on gift deed

Anirudh (Expert) 26 January 2013
Without registration, the GIFT DEED is of no value. The title in the property will not legally pass to your daughter unless the GIFT DEED is registered.