03 December 2012
DEAR MEMBERS I HAVE A DOUBT REGARDING THE SUCCESSION OF PROPERTY BY WAY OF INHERITANCE. FOR EXAMPLE MR.A DIED AND THE PROPERTY WAS IN THE NAME OF MR.A ONLY. NOW HIS SON MR.B ACQUIRED THE HOUSE. DOES HE NEED TO PAY ANY STAMP DUTY FOR REGISTERING THE SAME ON HIS NAME. CAN U EXPLAIN THE PROCEDURE TO BE DONE BY MR.B TO GET REGISTER FOR THE HOUSE IN NAME OF HIM.(I.E LEGAL FORMALITIES AND % OF STAMP DUTY TO BE PAID BY HIM)