LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Ravinder Arora (Director)     08 June 2013

Gift deed by sister in law & stamp duty

Whether sister in law comes in category of blood relatives or not ? If she comes in blood relative, she can relinquish her share by a registered deed & no stamp duty is leviable.  And if she does not come in blood relatives, then a stamp duty is levible.  What does resisteration act & well as Indian Stamp Act 1899 says.



Learning

 1 Replies

jayakumar.R (ADVOCATE & LEGAL CONSULTANT)     09 June 2013

      Generally  and brothers, and sisters are treated as blood relatives sister in law is not a blood relative, Sister in law can only execute Sale deed not allowed to execute settlement deed  stamp act vary from state to state confirm with your local law. 


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register