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Anurag Iyen (manager)     18 October 2012

Stamp paper

Dear All,

For Gift Deed, what is the denomination of stamp paper needs to use ?

I would like to give my property to my sister as a marriage gift.

 

Anurag Iyengar



Learning

 1 Replies

nilesh chawda (tax consultants)     20 October 2012

YOU HAVE NOT INDICATED THE SITUS OF PROPERTY I.E. IN WHICH STATE IT IS LOCATED. STAMP ACT BEING STATE SUBJECT IS GOVERNED BY THE LOCAL ACT OF THE RESPECTIVE STATE. 

        IN MAHAHRASTRA IT IS 2% OF MARKET VALUE


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