Legal Question in Real Estate Law in India

stamp duty to be paid under the amnesty scheme

we (second occupant)purchased our flt in 1992 & paid the stamp duty on that agreement under the amnesty scheme of 1995.

i would like to know whether i need to pay stamp duty on the agreement of the seller(first occupant) , who bought the flat directly from the builder in 1974 and sold it to us in 1992? i am from mumbai , andheri(e)


Asked on 7/21/08, 7:26 am

1 Answer from Attorneys
Shrichand Nahar S.V.Nahar, Advocate

Re: stamp duty to be paid under the amnesty scheme

Agreement of Sale or Agreement to Sell became chargeable with full stamp duty sometime in 1984-85. Since first agreement is of 1974, full stamp duty is not payable on the same.

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Answered on 7/22/08, 12:29 am


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