Points: 26
We are having ancestral property (LAND) in our hometown in Maharashtra . Myself , my father & Aunt (Father’s Sister) are the joint owner of the property. Now my father & Aunt would like to transfer their share to me . Which is the best way to do the same with minimum duty & fees ? What is the applicable stamp duty, Registration & LBT for the same.
My point of question is that weather I need to go for gift deed or Relinquishment Deed or any other form of deed so that goverment taxses/transfer fees can be saved.
Please guide.
