Gift deed stamp paper in Karnataka

karthik.m.n (student) (191 Points)

20 October 2020

how much stamp paper to be taken for making gift ( bank transfer) in Karnataka for amount more than Rs 100000/- to Rs 300500/- ?
Thanks in advance .

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7 Replies

prasad Nilugal (3914 Points)
Replied 20 October 2020

Is it gift to reletive ?. What is relationship?. It's better to confirm stamp paper value from sub registrar office ( current value) .

karthik.m.n (student) (191 Points)
Replied 20 October 2020

Yes ,it's gift from father to daughter.

prasad Nilugal (3914 Points)
Replied 20 October 2020

It's better to confirm stamp paper current value from Government Sub registrar office , from where you going to register your Gift Deed .

karthik.m.n (student) (191 Points)
Replied 20 October 2020

Gift deed registration is compulsory or notary is enough ?

ayusmita (Tax consultant) (5885 Points)
Replied 20 October 2020

Https://karunadu.karnataka.gov.in/karigr/Pages/Stamp-and-fee.aspx
check this as the stamps and other rules relating to this change recently

karthik.m.n (student) (191 Points)
Replied 20 October 2020

Thanks all for your replies

ayusmita (Tax consultant) (5885 Points)
Replied 20 October 2020

Gift deed is compulsory
and you welcome 😊

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