HUF Dissolution
This query is : Resolved
28 March 2025
My query is on dissolution of huf the property divided n share given to co arcener. Now is stamp duty chargeablen 1% metro cess to be paid in Mumbai for same?
28 March 2025
Stamp duty is chargeable when a formal partition deed is executed, 2% in Maharashtra. However, if a family settlement is utilized instead, no stamp duty applies.
Message likes :
1 times
28 March 2025
It is immovable property hence family settlement will not work i feel?
28 March 2025
Depends upon your requirement...
If property wished to be sold in near future it will work. Otherwise go for registered partition deed.
If property wished to be sold in near future it will work. Otherwise go for registered partition deed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on inherited shares
- Defective return due to 26AS showing with 94C
- 144c Draft order
- Health insuranc
- Goods purchased and input available
- RECOVER OF GST AMOUNT FROM SERVICE PROVIDER
- TCS on sales or TDS on purchase after cross 10 cr turnover
- Non Deduction of TDS- 194IB
- HUF - Contract income taxability
- Input Tax Credit in respect of a services availed from the hotel situated in U.T.
- APPLICATION FOR AVAILING BENEFITS UNDER GST AMNESTY SCHEME & REQUEST FOR ADJUSTMENT/REFUND OF EXCESS
- GST REFUND OF DEEMED EXPORT
- Pension to govt employee
- SPOM tests exemption
- ISD Registration
- NPS Query of Employers
- Forfeited advance money treatment in Income tax
- TDS ON MONTHLY FIXED FUEL PAYMENT TO EMPLOYEES WITHOUT ANY BILL
- Appeal and Rectification
- DRC 07- Amnesty Scheme
Trending Online Classes
CAclubindia
