Gift deed for flat from mother to son, then son to wife
Querist :
Anonymous
(Querist) 31 July 2018
This query is : Resolved
Hello, for a flat in Mumbai, jointly owned by mother and son, now wish to execute gift deed for mother's share in flat from mother to son (so son becomes 100% owner), then from son to wife for 50%, to make it joint ownership. Please guide, is it correct that for both these transactions, the stamp fee will be Rs. 200/- each, and registration fee will also be Rs. 200/- each ?
Dr J C Vashista
(Expert) 05 August 2018
Stamp duty and registration fees chargeable on a document are a State subject, consult a local lawyer.