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Re: transfer of property from husband to wife

(Querist) 21 April 2013 This query is : Resolved 
If husband want to transfer his self acquired property to his wife, then Is it require to pay stamp duty in that document?
prabhakar singh (Expert) 21 April 2013
Yes !not only stamp duty but also registration fees.
Devajyoti Barman (Expert) 22 April 2013
yes, without paying stamp duty no transfer is made validly.
Raj Kumar Makkad (Expert) 22 April 2013
Except stamp duty and registration charges, no separate tax is required to be filed.
Arati Gawde (Querist) 22 April 2013
Thanks for expert advice. Want to further know mode of transfer of the document? (Dont's want to show sell trasnation).

# Apart from Gift Deed / Release Deed is there any other mode to transfer of the property from husband to wife?
Sailesh Kumar Shah (Expert) 22 April 2013
sale deed is another mode to transfer the property.

It is also to be noted that if your husband transfers property without consideration or adequate consideration then any income generate from that property, is to be clubbed in the income of your husband.
Amit Soni (Expert) 23 April 2013
No more to add.
Raj Kumar Makkad (Expert) 23 April 2013
If neither sale deed nor gift need nor release deed is to be executed for the transfer of property then lease can be another option for a particular time.
R.V.RAO (Expert) 22 February 2014
between husband and wife gift deed is an ideal way of transfer attracting stamp duty,regn.fees only.

no gift tax attracted, even if the value of gift is infinitely high,as the wife is covered under definition of relative.
ajay sethi (Expert) 22 February 2014
agree with experts


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