Legal Question in Credit and Debt Law in India
Payment of Deficient stamp duty
Pl clarify what is the method of paying deficient stamp duty on a document. will non payment of deficient stamp duty makes it inadmissible in a court of law
Asked on 3/17/09, 1:55 pm
1 Answer from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: Payment of Deficient stamp duty
You may make payment of the deficient amount, along with the amount of penalty, with the permission of the court, for making the document admissible in evidence.
The penalty amount may be twenty times of the duty payable.
Answered on 3/17/09, 11:48 pm
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