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stamp duty


What is the stamp duty on partition deeds? Is it necessary to pay the duty on the market value?
 
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Lawyer

Forum Moderator

No it is not necessary to pay stamp duty on the market value in partition deed effected among family members. The stamp duty can be paid on a notional value of the property.
 
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n/a

mjhgpoiiuyt
 
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n/a

there is a property in my mothers name in delhi purchased in one lac in 1997,my mother died in apr 2007 now wheather for registration of relinquish deed in one of my brother we have to deposit stamp duty(16100/sq mtrs)
 
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Advocate

I agree with mr Yedul.
 
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Lawyer

Most of the States in India have their own Stamp Acts. For example in Gujarat under the provisions of Bombay Stamp Act, Stamp Duty is payable on the market value of the property to be partitioned .
 
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could you give me information about how much is the stamp duty for partition deed in tamil nadu
 
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n/a

For family partition 1% of the value subject to maximum Rs. 10,000/-
 
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