Stamp paper

Querist : Anonymous (Querist) 09 August 2010 This query is : Resolved

The query is about validity of stamp paper. There is already a ruling of the Apex Court that non-judicial stamp papers are valid throughtout, and there is not limitation of 6 months on their validity as is the popular notion.

My question: Is it mandatory that the stamp paper must have been purchased from the jurisdiction where the agreement is to be executed, or it can be from any part of the counrty? For ex. if there is a lease deed regarding a property in Maharastra, even the Lessor belongs to same state, can a stamp paper purchased from Gurgaon be used for documentation?

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VIJAY K. TEOTIA (Expert) 09 August 2010
stamp paper should be purchased from the state wherein the property is situated notwithstanding the residential status of lessor/lessee.