Legal Question in Real Estate Law in India

Stamp duty

Thank U Mr. Nahar. How much is the adminitration fees? I was told by the person at stamp office that it is 10% of the franking amount. Is that true?


Asked on 5/20/09, 3:07 am

2 Answers from Attorneys
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: Stamp duty

Already replied.

Read more
Answered on 5/21/09, 11:59 am
Shrichand Nahar S.V.Nahar, Advocate

Re: Stamp duty

As per section 52 of the Bombay Stamp Act, 1958 read with Rule 22A(b) of the Bombay Stamp Rules, 1939, the deduction prescribed is Rs.10/- for each stamp or an amount equal to two percent of the value of such stamp, whichever is more.

Read more
Answered on 5/21/09, 2:00 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in India