Dear Sir/Madam,
My query is as follows:
Mr A & Mr B, Father & Son, purchased a property jointly in Panvel, Maharashtra in 2007 for Rs. 10 Lakhs. Due to old age, Mr A gifted his 50% share in property to Mr B in 2016. They paid Rs. 30000/- as stamp duty & registration charges of Gift deed.
Now, in Jan 2024, Mr B wants to sell this property.
Can he claim this Rs. 30000/- towards registration of gift deed as cost in capital gain calculation?
Kindly guide.
Thanks & Regards,
Suraj
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Claim of Stamp duty on Gift deed
Replies (5)
Quick Summary
Who is paid the gift deed amount at the time of gift deed registration...???
Mr B, the son paid the stamp duty & registration charges of gift deed.
On behAlf of whom
@ Mr Suraj,
As per my view,
The charges can't be claim cost of expenditure in the property...
As per my view,
The charges can't be claim cost of expenditure in the property...
As per deed not possible.
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