Can a owner of Residential Flat in Mumbai Gift it to a Caretaker?What % of Stamp Duty it may attract ?



Brief in relation with the State of Maharashtra , Waht are the papers required ? Any Income Tax attracted?

Can a owner of Residential Flat in Mumbai Gift it to a Caretaker?What % of Stamp Duty it may attract ?
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One Reply to “Can a owner of Residential Flat in Mumbai Gift it to a Caretaker?What % of Stamp Duty it may attract ?”

  1. You can gift your flat to anyone, either relative or stranger.

    You need to execute a Gift Deed.

    Get the Gift Deed adjudicated. You will then know the stamp duty.

    If you gift to a stranger, the amount under consideration will be taxed to him.

    HMT





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