Stamp duty
Ramesh
(Querist) 30 August 2011
This query is : Resolved
If we take storage tank 1100 KL(immovable asset) on rental basis for 1 year and wish to execute the agreement for the said purpose, in such situation, do we have to pay stamp duty or we can execute the document on Rs.100 stap paper.
Kindly give your opinion.
Regards,
Ramesh Mande
Ramesh
(Querist) 30 August 2011
The above query is pertaining to Maharashtra
Sailesh Kumar Shah
(Expert) 30 August 2011
for stamp duty - check local sub-registrar office and you have to register lease deed u/s 17(1)(d) of the Registration Act.
prabhakar singh
(Expert) 30 August 2011
Expert : Shailesh Kr. Shah is right
K.S.Srinivas
(Expert) 30 August 2011
I agree with Mr.Shailesh Kr. Shah.
Ramesh
(Querist) 31 August 2011
Thanks for the opinion Mr.Shah, Mr.Makkad and Mr.Srinivas.
Regards,
Ramesh Mande