stamp duty on employment agreement

mintu (Querist) 20 December 2008 This query is : Resolved
Sir

Is it necessary to pay stamp duty on employment agreement/ appointment letter ?

What is the consequences if stamp duty is not paid upon employment agreement/ appointment letter ?

How to calculate the stamp duty on employment agreement/ appointment letter if any required to be paid upon it ?

Kindly refer relevant provisions/ case laws if any.

Thankin you.

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Guest (Expert) 22 December 2008
There is difference between agreement and letter

Agreement requires stamp and in karnataka it is Rs.20/-

Letter is a unilateral actin hence no stamp duty is necessary.