Format of Gift Deed from mother to daughter in M.P.
This query is : Resolved
27 January 2020
My wife wants to gift her flat at Bhopal to our daughter.Please inform rate of Gift Tax(Stamp Duty) for blood relations and registration fee to Sub registrar Office in M.P.Please also send format/draft of Gift Deed from mother to daughter.
30 January 2020
I, Mrs xxxxxx, having PAN xxxxxx, residing at xxxxxxxx do hereby declare that out of natural love and affection, I gift the below mentioned property to my daughter xxxxxxxx havng PAN, residing at xxxxxxxxxx for her use and benefits as if she is the absolute owner of the said property.
30 January 2020
A normal letter of Gift is sufficient for movable property. However, if it is immovable property, it is better to register the gift deed. In most of the States of India, there is no stamp duty for the transfer between mother and daughter. But for M.P.please check it with some lawyer from M.P.
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
