stamps

Querist : Anonymous (Querist) 26 April 2011 This query is : Resolved
i have purchased a plot of land by paying rupee 6,00,000/- and the sale deed was written on Rs. 1000/- valued stamp paper .some one told me that the value of the paper was not correct so i might face problem in future. is it right and what can i do now if the value is not appropriate.please suggest.

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R.Ramachandran (Expert) 26 April 2011
Since the value of the immovable property purchased by you is more than Rs.100/-, it is compulsorily required to be registered. The Registrar will not register the document for which full stamp duty has not been paid. Therefore, approach the Sub-Registrar's office, find out the stamp duty applicable, and make good the stamp duty and then submit the document for registration. Without registration, the document has no value at all.

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