There is a difference between stamping and registration. The maximum period in which you should register the document is 4 months. however for delay in registration of the document penalty will be levied based on the period of delay.
17 August 2009
Registration of an agreement is not mandatory. But it has to be executed on a proper stamp paper of required stamp duty.Ascertain the corrosponding stamp duty values from the Registration Dept of your state.If you want it to register you can do it so by paying the required stamp duty and registration charges. If the possession is delivered in the above agreement, it will attract the stamp duty payable on the sale deed. The Registration charges and stamp duty charges are different. Trasfer of Property act,enumerates the documents which require compulsory registration. Stamp Act deals with the stamp duty payable on the instruments