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Stamp Duty in case of Gifted Shares

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(Querist)
04 August 2022 Dear Experts,

My father has gifted shares valuing 50 lakhs through Demat mode. Is there any need to pay any Stamp Duty as per latest provisions in Maharashtra.
Saw an option given to pay when confirmation was given to NSDL for off-market transfer.

Thanks in advance 🙏🏻
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
04 August 2022 Yes, its applicable.

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