My grandfather transferred one of his properties to my brother recently in Thane and for it the stamp duty cost was 6% that includes the local body tax as well. Suppose your property’s price is Rs 30 Lacs. The stamp duty is going to be 6% of Rs 30 Lacs which is Rs 180,000. Since this is the case of property exchange you three can divide the amount into 3 equal parts. Usually the buyer is the one who pays for it but if your terms are good with one another, you can surely divide the amount among yourselves.
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Authors Of The Question
Property right now in the name of 2 sons and father equally. Now both father and one son has to transfer thier share to other son and that will the owner of whole property so what wud b stamp duty, property is in thane
Rahul Jain
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1 Answers
2 Year
2022-07-25T14:41:58+00:00 2022-07-31T11:38:12+00:00Comment
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