Stamp duty

Vishnukumar Guptha (Querist) 29 August 2012 This query is : Resolved
Suit for specific performance of agreement of sale decreed. Whether stamp duty for registration is payable on sale consideration in the agreement of sale or present market value?

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V R SHROFF (Expert) 29 August 2012
ON the Market rate you entered into Agreement. Means Old Rate. But you should have old Stamp Paper with small amt pd , to prove, you entered into Agr at that time.
Usual Penalty for delay [ abt 2% per month= 24% p.a. will be charged over & above Stamp Duty.

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