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Tanmay Oza   31 May 2018

Stamp Duty For Lease

Hello,

I want to register lease deed for 1 year in Ahmeadbad (Gujarat). Annual rent + security deposit amount is Rs. 2,10,000/- . How much amount of stamp duty i have to pay??

Thanks in advance.


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 4 Replies

Rahul   31 May 2018

Registration Fees in Gujarqat is 1%  The  women are exempted from payment of Registrsation Fees if the Lease is exclusively in favour of woman. You will have to get the Lease Deed registered and pay the Stamp Duty @ 4.9 % on value of average annual rent. 1 year in Ahmeadbad (Gujarat). Annual rent + security deposit amount is Rs.2,10,000/-  The stamp Duty will be Rs.10290/-

 

1 Like

Tanmay Oza   31 May 2018

Thanks For the reply Mr. Rahul

Is there any variations in stamp duty percentage if lease term is less than five years??

Rahul   31 May 2018

NO, 10 years above concession of 0.20 paise per 100 rupees.

shasha jain   31 May 2018

why don't u take lease for a period of 11 months. then u will be saved from paying stamp duty

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