Legal Question in Real Estate Law in India
I have a doute in buying a property with partnership in tamilnadu. My question is if we buy a land or building with partnership and later if we need to register seperately means, how much we need to get the stamp paper ? and if we need to pay any income tax for that ?
Please answer in brief ?...
Asked on 10/14/12, 1:03 pm
2 Answers from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
then it is advisable to buy the property separately even now. as after the property is purchased jointly, the co owner can buy the other share after paying the stamp duty. read more on property laws on my website www.karvai.in.
Answered on 10/14/12, 8:52 pm
Shrichand Nahar
S.V.Nahar, Advocate
Each state has its own stamp laws. Be guided by stamp law where property situated.
Answered on 10/14/12, 9:30 pm
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