Stamp paper value for building redevelopment
KAUSER
(Querist) 22 October 2013
This query is : Resolved
Hi,
Our building is about to go under redevelopment and for that our landlord is giving the terms and condition and other related promises on stamp paper of Rs.20/- only.Shall we accept that Rs.20/- stamp paper or we should ask for Rs.100/- stamp paper? Kindly give your esteemed suggestion/guidence.
Thank you,
ajay sethi
(Expert) 22 October 2013
check the stamp act of your state and the clauses in agreement to determine correct stamp value of agreement .
Rajendra K Goyal
(Expert) 22 October 2013
The Agreement should be stamped as per Stamp Act applicable in your state.