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Stamp Duty

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Stamp Duty is applicable on purchase of property in public auction

Written on 1 Apr, 2010 at 12:03 in Land Mark Judgements, Real Estate News, Stamp Duty | viewed 25 times | 0 Comments

The Madras High Court has held that an instrument, whether a certificate of sale or sale deed, issued in a public auction of properties, was chargeable with stamp duty under Article 18 read with Article 23 of Schedule I to... (Continue reading)

Adjudication of papers compulsory for paying stamp duty

Written on 21 Jan, 2010 at 11:56 in Real Estate News, Stamp Duty | viewed 32 times | 3 Comments

Aftermath of land scam in Borivali, Sub-registrars have been divided into seven counters. The Stamp Duty have to be paid after adjudication only. No documents are registreared by the authorities for want of transparent process. In other 5 zonal offices, now... (Continue reading)

Registration

Written on 2 Sep, 2009 at 17:11 in Stamp Duty | viewed 17 times | 1 Comment

Registration This type of mortgage and the letter evidencing the deposit of title deeds in the nature of a forwarding letter or acknowledgement does not attract stamp duty and registration (See. 59 of TP Act). However, certain states like Maharashtra, Gujarat... (Continue reading)

Stamp duty setback allowed

Written on 12 Aug, 2009 at 15:44 in Stamp Duty | viewed 76 times | 2 Comments

Stamp duty setback allowed By Vimal Punmiya, Chartered Accountant Important amendment with regard to factual position under the Bombay Stamp Act, 1958 relating to the provisions of investment : - By virtue of ordinance no. Mah. Ord. II of 2005 dated 7th May... (Continue reading)

FAQs : Satmp Duty

Written on 8 Aug, 2009 at 17:42 in Stamp Duty FAQs | viewed 175 times | 2 Comments

Question and Answers - Accommodation Times Stamp duty on Agreement for Transfer of Share Flat : Q.1. Is it necessary to pay the stamp duty exceeding Rs. 20/- on an Agreement for Transfer of shares in a co-operative society which gives to the... (Continue reading)

Properties on Collector’s land now allowed to be registered

Written on 6 Aug, 2009 at 17:00 in Stamp Duty | viewed 181 times | 9 Comments

Properties on Collector’s land now allowed to be registered By Advocate Vinod Sampat Hundreds of properties transactions were refused to be registered which were on collector’s land in Mumbai after Shri D N Abade, Sr. Officer of Revenue & Forest Department wide... (Continue reading)

Stamp Duty

Written on 31 Jul, 2009 at 0:45 in Stamp Duty | viewed 190 times | 5 Comments

  STAMP DUTY ON LEAVE AND LICENCE AGREEMENT: By Bankimchandra P. Khona 1) In Maharashtra Stamp Duty on Leave & Licence Agreement is payable as per Article 36 (A) of Schedule – I of Bombay Stamp Act, which reads as under:- “36A. Leave... (Continue reading)

Stamp duty in respect of various documents relatig to premises in a Co-operative Society

Written on 31 Jul, 2009 at 0:44 in Stamp Duty | viewed 95 times | 1 Comment

STAMP DUTY IN RESPECT OF VARIOUS DOCUMENTS RELATING TO PREMISES IN A CO-OPERATIVE SOCIETY By Bankim P.Khona , Solicitor Posted on 05 Feb 2000 Note : All the answers are given on assumption that the properties are situate within Greater Mumbai, because the stamp... (Continue reading)

Stamp Duty Articles

Written on 31 Jul, 2009 at 0:43 in Stamp Duty | viewed 134 times | 0 Comments

Adjudication of Proper Stamp Duty By M.K. Gokhale, Deputy Supt. Of Stamps (Retd.) Section 31 of the Bombay Stamp Act, 1958 provides about the adjudication of proper Stamp Duty. The applicant under this section has to submit an instrument executed or unexecuted... (Continue reading)

Stamp duty setback allowed

Written on 31 Jul, 2009 at 0:42 in Stamp Duty | viewed 37 times | 1 Comment

By Vimal Punmiya, Chartered Accountant Important amendment with regard to factual position under the Bombay Stamp Act, 1958 relating to the provisions of investment : - By virtue of ordinance no. Mah. Ord. II of 2005 dated 7th May 2005 wherein, a... (Continue reading)

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