Legal Question in Landlord & Tenant Law in India
my father purchased a property in mumbai 20 years ago and had paid part stamp duty on the same.
Now society says that we have to pay the complete stamp duty with penalty.
also society has to apply for OC and conveyance and are saying that since we do not have complete stamp duty paid. Society cannot apply for OC & conveyance for the building as per law is it correct.
Asked on 5/06/13, 2:08 pm
2 Answers from Attorneys
Fca Prashant Chavan
Expert Edge LLP
07.05.2013
Dear Sir / Madam,
Payment of Stamp Duty is more important from your personal point of view than from the Society. In any case, should you decide to sell the property in future, you will be required to pay the balance Stamp Duty with fine, so it is advisable to pay it at the earliest.
Regards,
Answered on 5/07/13, 3:04 am
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