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sharad sathe (consultant)     28 March 2015

Partition deed of poperty

I desire to divide my property , in name of   1. wife , 2 elder son, 3. younger son  and 4. self , in four equal shares. Is any   stamp duty to be paid in Maharashtra ?. I understand that recently Revenue Minister has made a statement in assy. that  no stamp duty to be paid while transfer to blood relations.  Is it valid, pl. advice .



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 1 Replies

saravanan s (legal advisor)     28 March 2015

you can gift them their shares for which there wont be any tax that would be imposed but you have to pay the stamp duty and get the gift deed registered


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