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Tax Tips Transfer of property to blood relations Q. I want to transfer my residential/commercial property (in Punjab) to my son. The document writer mentioned that I will have to pay one per cent stamp duty, two per cent cess and registration fees of four per cent on the market value of the property. S. C. Vasudeva Q.I want to transfer my residential/commercial property (in Punjab) to my son. The document writer mentioned that I will have to pay one per cent stamp duty, two per cent cess and registration fees of four per cent on the market value of the property. But according to the Financial Commissioner's order dated May 7, 2014 (No. S.O.28/C.A.2/1899/S.9/2014) the stamp duty has ceased in case of transfer of property in blood relations. Kindly clarify as to what all duties/fees need to be paid in case of transfer of property in blood relation. — Varun Kumar A.According to the notification issued by the Government of Punjab on May 7, 2014, no stamp duty in whole is chargeable on the instruments pertaining to transfer of immovable property by an owner during his lifetime to any of his blood relations (i.e. children, grand children, brothers and sisters). A press note dated May 20, 2014 clarifies that no stamp duty would be chargeable in case of transfer of immovable property between blood relations. The press note also clarifies that other charges, including registration fee, infrastructure cess etc, will continue to be levied and that such burden is around four per cent ...