I am from Chennai and entered into a partnership at Bangalore on 1-10-09. In Tamilnadu the stamp paper value for partnership deeds is Rs. 300.-. So I used this stamp paper value for the deed. I understand that the stamp paper value required in Karnataka is Rs. 1,000.- Is there anyway I can compound by paying an additional Rs. 700.- and paying a fine. We would prefer not to make a new deed at current or future dates. Thanks in advance for any information.
Well, the stamp issue changes from state to state. I suggest you to purchase stamp papers from karnataka itself which has the state seal and you shall execute it accordingly. I dont think stamp paper purchased from tamilnadu would be permitted to be executed or registered in bangalore.