Stamp duty act maharashtra
This query is : Resolved
13 May 2026
Dear sir,
my client had gifted share to the relative. want to ask whether this transaction attract stamp duty under maharashtra stamp act,
if yes then percentage.
my client had gifted share to the relative. want to ask whether this transaction attract stamp duty under maharashtra stamp act,
if yes then percentage.
13 May 2026
Transaction: Gifting shares to a relative attracts stamp duty in Maharashtra.
Physical Shares: Approximately 3% for close relatives under the Maharashtra Stamp Act.
Demat Shares: 0.015% under the uniform pan-India stamp duty regime.
Recommendation: Use the demat route if possible, as the stamp duty cost is significantly lower.
Physical Shares: Approximately 3% for close relatives under the Maharashtra Stamp Act.
Demat Shares: 0.015% under the uniform pan-India stamp duty regime.
Recommendation: Use the demat route if possible, as the stamp duty cost is significantly lower.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- NRI starting business in India
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Filling ITR - U
- Sales of goods of amount Rs97 lakhs to a party
- CREDIT NOTES WITHOUT GST
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
