Stamp duty on registration of gift deed in m.p
Yash Chordia (PRACTICE) (58 Points)
03 February 2017Yash Chordia (PRACTICE) (58 Points)
03 February 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(180013 Points)
Replied 03 February 2017
1% stamp duty for Gift Deed in between Family members(which includes mother, father, wife, husband, son, daughter, brother, sister, granddaughter and grandson etc.)
For the registration of the document, a fee needs to be paid to the sub-registrar which is between 0.5 to 1% of the market value of the property.
Details at https://www.igrs.mp.gov.in/
and https://www.mpigr.gov.in/indexEnglish.H T M L
Yash Chordia
(PRACTICE)
(58 Points)
Replied 03 February 2017
Thanks Sir,
If a gift is through cheque, then it is mandatory to get it registered?
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