Registration charges

purshotam vyas (Querist) 21 April 2014 This query is : Resolved
Respected all members,
One of our company is situated at Delhi and now company want to purchase office premises for it in Delhi.
My query is
1) What is charge of registration of this office property i.e. % of stamp and transfer duty. Is it 5% (if buyer men) or 3% (is buyer is women) ? then for company ?

2) if above mentioned property is owned by another company and we purchase another company then automatically property will be transferred to us so in this case stamp and transfer duty will be levied or not ?

Thanks in advance.....

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ajay sethi (Expert) 21 April 2014
check stamp act applicable to new delhi . each state has it own stamp act

ABDUL RAZIQUE (Expert) 21 April 2014
As per information of Delhi Govt.in site here are some information for registration of documents with stamp duty charges.

Documents Types
Sale Deed

1. Stamp duty and transfer duty @ 4% if the vendee is a woman and @ 6% if the vendee is a man
2. Registration fee is 1% of the total value of Sale Deed + Rs. 100/- pasting charge.
3. Both vendor and vendee to be present alongwith identification douments i.e. Pass Port, Epic Card, Driving License and Pan Card etc. at the time of presentation.
4. Two witnesses alongwith identification documents need to be present during presentation of documents.
WILL

1. No stamp duty is required for registration of will.
2. Registration Fee is Rs.600/-.
3. The Testator alongwith two witnesses need to be present during presentation.

Conveyance Deeds

1. For conversion of lease hold property into free hold property, duty @ 6% in case of men and 4 % in case of women has to be paid through Collector of Stamps/SDM.
2. Registration fee is 1% of the total value of Conveyance Deed + Rs. 100/- pasting charge has to be deposited at Sub-Registrar office at the time of registration.

Gift Deeds

1. The property being gifted has to be valued by an approved valuer.
2. Stamp duty and transfer duty @ 4% if the donee is a woman and @ 6% if the donee is a man. Registration fee is 1% of the total value+Rs.100/- pasting charges.

Share Certificates

1.
Stamp duty @ of Re.1/- for every one thousand rupees or part thereof of the value of shares has to be paid at the office of Collector of Stamps/SDM.

Note : Registration fee more than Rs.500/- will be accepted by demand draft/pay order

purshotam vyas (Querist) 22 April 2014
Thank you so much both the experts....

I want to know that if vendee is company then which rate will be applicable ?

Waiting your reply ASAP and once again thank you so much.......

ABDUL RAZIQUE (Expert) 22 April 2014
it is not easy to say, contact registry office.

Guest (Expert) 22 April 2014
If the company is pvt ltd or public ltd and the property is in name of the company the modus operandi could be different if so conatct a company secretary and auditors.