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lawstudent (as)     24 May 2010

bombay stamp act

is stamp duty required to be paid for a sale deed for Movable property????

the amendment to the bombay stamp act makes it unclear as to whether for movable property stamp duty shld be paid

please clarify.......



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 1 Replies

Adv. Gulammayudin A. Gagdani (LEGAL ADVISOR)     24 May 2010

well if you are not making agreement to sale or sale agreement then it is not required.

but if you are registering sale of movable property it should be on stamp paper of rs.100/- as stamp duty.

Regards


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