Valuation of stampduty
abhay dilip divate
(Querist) 15 May 2014
This query is : Resolved
Respected Sir,
I have to calculate stamp duty of builtup area. The construction is completed on year 1983. We have completion certificate. After pursuing ready reckoner, the depreciation is 60%.
Please give formula to calculate stamp duty of built up area. The said property is locketed in Kolhapur, Maharashtra.
Thank you.
Devajyoti Barman
(Expert) 15 May 2014
The stamp duty is to calculated by the local Registration Office, not you.
Dr J C Vashista
(Expert) 15 May 2014
Stamp duty differs in every state, contact local lawyer.
T. Kalaiselvan, Advocate
(Expert) 16 May 2014
You may have to visit your local registrar office to know about the exact stamp duty that may be required to be paid or to be calculated based on the present status of your building.