STAMP DUTY

R Ranjith (Querist) 20 January 2011 This query is : Resolved
HI,

MY MOTHER-IN-LAW OWNS A PLOT IN NAGPUR AND SHE LIKES TO GIFT IT TO ME. MY QUERIES ARE 1. CAN A GIFT FROM MOTHER-IN-LAW TO SELF BE DONE WITHOUT STAMP DUTY?
2. IF YES WHAT IS THE PERCENTAGE?
3.THIS LAND IS PART OF A SOCIETY.SO DOES THE SLAB [ 5LACS-10LACS -RS 8750+ 6 PERCENT OF THE SUM ABOVE 5 LACS] APPLY? HOW WILL I KNOW WHEATHER THE SOCIETY HAS BEEN REGISTERED UNDER THE CO-OPERATIVE SOCIETY ACT?

EAGERLY WAITIN FOR REPLY

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