payment of stamp duty

shreekant joshi (Querist) 26 September 2009 This query is : Resolved
my son owns a property,house, in trivandrum which he wishes to gift to his cousin (mother's sister's daughter)on the occasion of her marriage in dec 09.

my sister in law (mother's sister,same person above ) wishes to gift her house to my son on the occasion of his marriage in 2010.
we need expert advise about the stamp duty payments in kerala.
is the stamp duty same as in purchasing a flat/ house from a builder, or is it lower in a gift at the occasion of marriage ?

Follow Query

Report Abuse

Raj Kumar Makkad (Expert) 26 September 2009
better you file a suit for mutual transfer of properties which requires no payment of stamp duty if the value of both the properties is shown equal.

shreekant joshi (Querist) 28 September 2009
dear mr raj kumar
many thanks for your prompt advise. i appreciate.
i will certainly look at this option.
do you have contact with any brother lawyer in trivandrum
thanks again
shreekant joshi

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries