Guest
(Querist) 27 December 2013
This query is : Resolved
On my agreement for sale which is dated 2012, the stamp duty is paid entirely and correctly. However, the same is not registered.
Now we are executing the Sale Deed in 2013 or 2014. This will be done on a Rs. 100/- stamp paper.
1. Now, on which Market value do I calculate the Registration Fees of 1%, of 2012 or the current year.
2. The fact that the Agreement of Sale is not registered -will it create any hurdle in future.
SHIRISH PAWAR, 7738990900
(Expert) 27 December 2013
You have to pay stamp duty and registration fees as per prevailing market rate. Appoint an advocate.
Guest
(Querist) 27 December 2013
Thank you Mr. Shirish Pawar
V R SHROFF
(Expert) 27 December 2013
Penalty is 2% p.m.
SHIRISH PAWAR, 7738990900
(Expert) 27 December 2013
AS document is not registered stamp duty paid in 2012 is waste of money.
R.K Nanda
(Expert) 27 December 2013
TAKE HELP OF LAWYER.
V R SHROFF
(Expert) 27 December 2013
ANY SD PD WILL BE ADJUSTED.U NEED TO PAY DEFICIT AMT ONLY + PENALTY Doc will be impounded, and issued by Registrar after payment of penalty.
SHIRISH PAWAR, 7738990900
(Expert) 27 December 2013
As i said appoint advocate. If you calculate the penalty for say 18 months it will 36%. So appoint advocate. He will guide you on paying penalty or paying as per prevaling rate.
Guest
(Expert) 27 December 2013
Sale Agreement document and sale deed are different documents.moreover the sale agreement is not registered.To execute the sale deed you will have to pay the stampduty and Registration fee.Confirm with Registrar Office
Guest
(Expert) 27 December 2013
Also a Repeated Query
T. Kalaiselvan, Advocate
(Expert) 28 December 2013
a repeated query, I think the author will not be satisfying by asking the query once and the repetition fetches him double confirmation (?)
Guest
(Querist) 31 December 2013
Repetition unintentional due to system and internet issues.
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