Mahastratra stamp duty act- gift of immovable property

This query is : Resolved 

15 February 2025 if flat in mumbai gifted by mother to married daughter, stmap duty is 1%. but both are us citizens, then still its 1%?
my view --> yes, its 1% as i cant find citizen word in mah stamp act. but not sure,

ps this is not forum for such spefici stamp duty quetions, so i am only hoping someone might reply.
thank u,
regards, ca kunjan

18 February 2025 yes. as such stamp duty act does not provide for any citizenship specific exemption. still it would be better to re-confirm with a local stamp duty practitioner before advising your client.



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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries