Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Levying stamp duty on lease of immovable property in tamilnadu

(Querist) 18 November 2012 This query is : Resolved 
Sir,
When the party go for registration of lease of immovable property in Tamilnadu, the registering authority adopting to levy stamp duty @1% on monthly rent, advance/deposit and service tax @ 12.36% on monthly rent and advance amount. Is it correct the method of adding service tax amount?
I think that the charging of stampduty on service tax on lease rent is not correct. Please clarify and advice to find out the remedy.
Thanks
Devajyoti Barman (Expert) 18 November 2012
Contact local lawyer. It differs from state to state.
Raj Kumar Makkad (Expert) 18 November 2012
It is absolutely right.
Shailesh Kr. Shah (Expert) 19 November 2012
Dear Mr. Ramani
you are not right in your understanding. Charging of stamp duty is rightly unless there is any government notification u/s 9 of the Indian stamp act.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :