| Question And Answer | |
|---|---|
| Subject: | Release deed stamp duty charges |
| Category: | Income-Tax |
| Querist: | Sagar |
| Answered by: | Law Intern |
| Tags: | family settlement, Stamp Duty |
| Date: | August 1, 2026 |
Hi,
My father has a flat and a shop in his name. He has passed away. We have made a legal heir certificate and myself, brother and mother are 3 legal heirs. We want to transfer the ownership of the flat and the shop in society to my mother. What should be the stamp duty applicable in this for execution of release deed.
Your status is that of co-owner with undivided share. You should get the property mutated in the names of the co-owners. Thereafter, the sons can release their share in favour of the mother by a release deed/ family settlement. As it is without consideration and between close blood relatives, it will attract nominal stamp duty of ₹200 to ₹500 depending on the State.
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