Legal Question in Real Estate Law in

Is registration charges paid on gift deed exempt from income tax? Can you provide me a proforma of gift deed if mother gifts land property to son.


Asked on 9/02/10, 11:28 pm

1 Answer from Attorneys
Vishwa Arya Arya & Co.

registration charges, stamp duty and other incidental charges are capitalised for the purpose of total purchase consideration and not otherwise.

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Answered on 9/02/10, 11:49 pm


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