LCI Learning
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Yogesh   05 November 2019

How much stamp paper should i use for leasing a car of 4l ?

Greetings!

How much stamp paper value should i suggest to use for agreement purpose, leasing a car ( of 4 lakhs value) to a company for 4 years locking period in Bengaluru ? Company would be responsible for any damage by car/ to car/accidents/insurance etc.

Please suggest.

Regards

Yogesh

 



Learning

 4 Replies

Sb Karma   05 November 2019

Originally posted by : Yogesh
Greetings!

How much stamp paper value should i suggest to use for agreement purpose, leasing a car ( of 4 lakhs value) to a company for 4 years locking period in Bengaluru ? Company would be responsible for any damage by car/ to car/accidents/insurance etc.

Please suggest.

Regards

Yogesh

 

its depend upon how much you are earning...means value of your contract 

is 4 lakh is car value or contract value

1 Like

kavksatyanarayana (subregistrar/supdt.(retired))     06 November 2019

Ji, a maximum stamp paper of Rs.100/- is sufficient for Car (it is movable) Agreement between the owner and company represented by its Director/MD as the case may be.

1 Like

Yogesh   12 November 2019

Sir, Thank you for replying, Its the value of the Car, Thanks Yogesh

 

Yogesh   12 November 2019

Thank you Sir! Regards


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register