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Ravikiran   17 December 2014 at 11:54

Stamp duty on mortgage loans

Hi
I am opting for a home loan from SBI for my flat in Hyderabad and the banker says, he needs 0.5% of the loan amount towards stamp duty charges for loan agreement.
I have a basic doubt:
a) Is this stamp-duty mandatory?
b) If I am availing loan amount of 40 lakhs, do I have to pay Rs 20,000/- towards this stamp duty?

Banker says loan processing fee is zero but stamp-duty is something he cannot avoid as this goes to government.

Thanks
Ravi

tvrao   16 December 2014 at 23:56

Purchase of a flat from third party

I want to purchase flat from a seller who had an agreement -AOS with the builder. The flat is not yet registered and I want to make first registration on my name with the consent of builder. I would like to take/transfer seller's loan on me too. Banker is asking MOU, Assignment deed and AOS.
Please explain the procedure to follow.
Do I need to make AOS with builder or seller
I want sample formats for the above

Thanks
Tvrao

sunil   16 December 2014 at 12:43

Obc certificate

Dear Sir/Madam

My name is Sunil Kumar and i have recently passed some government exams and due to attend document verification and interview process. I am from bihar state and belong to OBC non creamy layer category. The prescribed OBC format attached in the exam notification(SSC) has 15 resolutions in roman numbers numbered (I to XV) to be produced during interview but the OBC certificate issued to me(to every one in my region) has only 11 resolutions numbered(I to XI). Remaining all is same as per the format. will my certificate be valid or will they reject my candidature due to non inclusion of the remaining 4 resolutions in my OBC certificate.

prescribed format asked by SSC is attached below but my certificate has only first 11 resolutions and does not contain the last 4 resolutions

Please help.

TUSHAR SHAH   16 December 2014 at 09:30

Stamp duty on foreign bills in gujarat

Sirs,

We are importing material through 180 days usance letter of credit in which importer has to pay stamp duty @0.25% on value of Bill of Exchange and stamp duty to be affixed or franking on Bill of Exchange, now the problem is that as per the provision of Gujarat stamp act, stamp duty franking or affixing only on unsigned paper but bill of exchange is usually signed by exporter in that case stamp vendor refuse to franking on signed paper. Now what is the way to pay stamp duty? or what is the proceedure to pay stamp duty on signed bill of exchange?.as we have to pay more than Rs.50000/- stamp duty on single bill of exchange so if we go for affixing stamp of 100/- denomination than its require many stamps.

please give your advice.

Prashant Raj Tax Advocate   15 December 2014 at 18:00

Can two same partner were carry more than 1 partnership bussiness

sir

i have one query to know that two same partner start more than one partnership bussiness if yes how many firm they started

Meena Bhatia   15 December 2014 at 15:23

Transmission of property

We have a flat at Ghatkopar-Mumbai, which was owned by my husband's grandfather, he expired on 3.3.1997. After obtaining the NOC from two Sisters and on brother the flat was transfered in the name of my father in law.
Now my father in law expired on 25.08.14, leaving no will, but the nomination is done in the name of my husband who is the only child.
We want to transfer the flat in the joint ownership of my Mother in Law (Wife) and husband (Son) of the deceased.
I want to know as to which document do we have to submit to the society for transmission.

Thanks & Regards

Meena Bhatia

abhishek dubey   14 December 2014 at 19:45

sell of agricultural land

What legal documents are needed to be with a seller of a piece of agricultural land in madhya pradesh?

vasu   14 December 2014 at 17:23

signed 20 rupees stamp paper and white paper?

hello sir.. iam from vishakapatnam.. maa father urgent ga avasaram vachi 50,000 ma mavayya dagara theskonnaru.. ayana 20 rupees stamp paper(blank) meeda and 2 blank white papers meeda sigh pettinchukunnaru..

ippudu maku bayam vesthundi.. vatitho amount ekkuva vesi emaina black mail chese avakasam vunda?? please any one clarify please..

abhishek dubey   14 December 2014 at 14:37

signature in case of paralysed person

If a person suffers paralysis and looses ability to put signature how he/she would discharge legal formalities i.e putting signature as his/her signature exists in various document.

mohammed qadeer.M   13 December 2014 at 11:59

Guardian and wardship act

I wanna file a petition seeking permission to alienate the property standing in the name of minor...plz help me out with a format....