Question And Answer
Subject: Wether father’s property be transferred only on basis of family arrangement ?
Querist: Sangeeta Mehrotra
Answered by:
Tags: ,
Date: May 11, 2021
Query asked by Sangeeta Mehrotra

Can portion of father’s property be transferred only on the basis of family settlement without paying stamp duty during father’s lifetime?

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Answer given by

It will be treated as Gift and stamp duty will be charged accordingly.

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