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Stamp duty on immovable property devolving by will

(Querist) 21 April 2011 This query is : Resolved 
Whether stamp duty is leviable on immovable property acquired by a person by will executed in his favour ?
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R.Ramachandran (Expert) 21 April 2011
No stamp duty will be required. Simply on the basis of the registered Will or will, the property will have to be mutated in the name of the beneficiary, upon the death of the Testator.
adv. rajeev ( rajoo ) (Expert) 21 April 2011
No stamp duty will be levied.
V.Mahadevan (Expert) 21 April 2011
No stamp duty is chargeable on a WILL in terms of Section 3 Schedule 1 of the Stamp Act.

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