Easy Office
LCI Learning

Stamp duty on sale of property Through power of attorney

This query is : Resolved 

05 March 2024 Canadian citizen has a property in India . She wants to sell it by making her mother ( Indian citizen) power of attorney. And then sell . What will be the provision for stamp duty as she is a daughter . Will there be double requirements for stamp duty
Like stated in this https://www.makaan.com/iq/legal-taxes-laws/managing-from-abroad-how-power-of-attorney-helps-nris-manage-their-assets


05 March 2024 you are only giving the POA for mother to sign on behalf of the daughter. So there should not be any impact on stamp duty liability.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries