POSTED BY November 30, 2010 9:51 am COMMENTS (6)ON
1. which govt. taxes are required to be paid for transfer the immovable and movable property on account of a ‘will’ ? could it be different than if the same would transfer as per law of Laws of inheritance and succession, in case a person died without making ‘will’?
2. is normal transfer stamp duty (for gujarat, now 6% as per my information) as required for sale of residential property , payble in case of transfer of the same on account of a ‘will’ or heritence/succession?
3. in case of a person dies without making ‘will’,and if all eligible family members jointly apply to transfer the property to one of members to the concerned local authority, what documents are required for such application