Stamp duty on transfer of property

This query is : Resolved

Ashish Trehan (Querist)
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05 November 2018 Hello

My father and uncles jointly own a property. They want to register the property under my name. Do we have to pay any Stamp Duties in this case?

CA Suresh Jain

CA Suresh Jain (Expert)
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07 November 2018 The stamp duty is subject matter of the State and therefore, you need to refer to the act/rules/notification in this regard or consult an Advocate or Sub-registrar of the area.

I would like to add that the transfer of property in this case may be considered by you by way of a Gift and not by way of sale.