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HEMANTA KUMAR DAS   09 January 2018

How much value of stamp paper needed?

I am wanting to buy a land with structure of Rupees. 340000/-( Three Lac forty thousands) for commercial purpose. Therefore, I am wanting to execute an agreement by paying of Rs . 100000 ( One Lac ) in advance, and the rest amount be paid at the time of final registration. Now I am wanting to make an agreement ( as an evidence ) for my advance payment on a stamp paper of Rs. 10/-. Is it valid in the eye of law? if not, then what should I do? I hope your cooperation.


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 4 Replies

R.Ramachandran (Advocate)     09 January 2018

Please indicate the State in which the land is situated.

1 Like

HEMANTA KUMAR DAS   09 January 2018

I am from Hooghly District of West Bengal. Resided at gram panchayat area.

R.Ramachandran (Advocate)     09 January 2018

In West Bengal, Agreement to Sell does not require compulsory registration.

Therefore, you can have the Agreement signed on 100/- stamp paper, instead of Rs. 10/- stamp paper.

HEMANTA KUMAR DAS   09 January 2018

If the transferor denies or not admit this agreement in future, then what necessary action to be taken?


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