Penal amount for Non Registration
Arul Kumar
(Querist) 27 May 2010
This query is : Resolved
Dear Experts,
Please let me konw, what would be the maximum penalty for non-registration of Lease Deed created in 2004.
Thanking you all.
Raj Kumar Makkad
(Expert) 27 May 2010
Maximum penalty is non-recognition to the mentioned lease.
Surrender K Singal
(Expert) 28 May 2010
It may depend upon each State's Rules for Stamp Duty folr registration and it is 11 times as per GNCTD !