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Tax in case of gift vs. relinquishment

Querist : Anonymous (Querist) 12 January 2011 This query is : Open 
There are two ways of gifting a property (to a blood relation/spouse):-
1. as gift (deed)
2. via relinquishment deed

As I know, gift deed costs more than relinquishment deed. What's the cost of gift deed?
Is it variable based on the value of the property or fixed?

Is there any difference in terms of tax liability? I guess there is no tax on gifts from blood relations plus spouse. What about tax in case of relinquishment deed?

Thanks.
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