Gift deed for gifting shares and stamp duty amount

Income Tax
1

I wish to gift some shares to my parents. I know how to transfer the shares using CDSL easiest and if they sell them, it would be taxable with my original buy price itself.

My question is regarding the gift deed and stamp duty required. Could someone from the team help us with the template of the gift deed and also tell us the amount of stamp duty to be used on the gift deed when notarising it. Thanks!

2

Hey @tarun,

You’ll have to get in touch with a legal person for this one. The stamp duty amount varies from state to state.

3

Just go to nearest notary guy who prepares sales deed of property and ask him to buy stamp paper on your name . Gift deed content you can found easily on internet.