Stamp duty is payable on a gift deed, and differs across statesShabnum Kajiji
2) When is Stamp-Duty applicable? Ans.Stamp duty is applicable is cases where instruments like Agreement to Sell, Conveyance Deed, Exchange of property, Gift Deed, Partition Deed, Power of Attorney, settlement and Deed and Transfer of lease attract Stamp Duty on market value of the property....
Once the registration is done, the Stamp Duty and Registration Fee have to be paid. The Stamp Duty and registry charges are different state-wise.There are certain things that one needs to be careful of while executing the conveyance deed....
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