Power of attorney

@Querist,

Read section 54 of the transfer of property act.

Do tweet here if you fail to understand the essence of stamp duty.

Advice-Read my previous post 'Husband legal right over wife's inherited property'.You can search for other threads where some seniors gave their valuable advices over such matters.

Note-This reply should be taken as per the declaration given in my profile page.

Thanks,

Regards,

Dear gourav,

the POA authorizing sale of immovable property is required to be stamped according to Indian Stamp Act and the stamp duty is same to that of leviable on a conveyance calculated as per the market value of the property.

Practically all documents relating to an immovable property of the value of rs 100/- or more and in which any element of transfer is involved, required registration.