Format of Gift Deed from mother to daughter in M.P.

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This discussion addresses the process of gifting an immovable property from a mother to her daughter in Madhya Pradesh (M.P.). It clarifies that while a simple letter suffices for movable assets, an immovable property requires a registered Gift Deed. The user is seeking information on the specific stamp duty rates and registration fees applicable to this blood relation transfer in M.P., along with a draft format for the Gift Deed.

Rajeev Gupta

Rajeev Gupta (Querist)
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27 January 2020 My wife wants to gift her flat at Bhopal to our daughter.Please inform rate of Gift Tax(Stamp Duty) for blood relations and registration fee to Sub registrar Office in M.P.Please also send format/draft of Gift Deed from mother to daughter.

Amol S Joglekar

Amol S Joglekar (Expert)
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30 January 2020 I, Mrs xxxxxx, having PAN xxxxxx, residing at xxxxxxxx do hereby declare that out of natural love and affection, I gift the below mentioned property to my daughter xxxxxxxx havng PAN, residing at xxxxxxxxxx for her use and benefits as if she is the absolute owner of the said property.

Amol S Joglekar

Amol S Joglekar (Expert)
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30 January 2020 A normal letter of Gift is sufficient for movable property. However, if it is immovable property, it is better to register the gift deed. In most of the States of India, there is no stamp duty for the transfer between mother and daughter. But for M.P.please check it with some lawyer from M.P.

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