Stamp duty Value and Claim of Deduction U/Sec. 80IBA

As per provisions of Sec. 80IBA, the maximum value of the house to be constructed for being eligible for deduction  under this section for projects approved after 1.09.2019 shall be restricted to Rs. 45 lakhs as per Stamp duty Rates. Does this means developers can sale the units for any consideration more than 45 lakhs also till the stamp duty valuation is 45 lakhs. ? Whether tolarance limit of 10% as given in Sec. 43CA and 50C is applicable while considering stamp duty rates of the residential units for claiming deduction U/Sec.80IBA ? pl guide .

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  cost of redeveloped flat

If assessee get redeveloped flat today against his old flat and same is sold after 2 years , the cost of acquisition would be stamp duty value as on today?

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  Wether release of right in the property , will attract stamp duty ?

I am the co-owner of an ancestral flat in Mumbai with my sister. I want to release my share in the flat to my sister for a certain amount. Will this be a release deed with consideration ? What will be the stamp duty since this is ancestral property if consideration amount is mentioned in the release deed ?

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  whether memorandum of Family Arrangement drawn in plain paper which is not stamped , is valid ?

Is it compulsory to prepare Joint Hindu Family agreement in Stamp paper only? Unstamped HUF agreement is invalid?

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  Wether Transfer of immoveable property by family arrangement does it attract stamp duty?

Sir, Under a family settlement if 1 faction of the family beneficiaries relinquishes their rights in property of the Family trust in the favour of the other beneficiaries, at the time of registration of this transfer, will this attract stamp duty if yes then what will be the percentage. The Trust and the Properties are situate in Mumbai. Thank you in anticipation of an early reply.

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