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KJS (NA)     07 March 2019

Urgent: correct stamp paper value

Buyer in Karnataka, Seller in Rajasthan, Property in Punjab.

The agreement to sell is made on Rs.500 Karnataka stamp paper, executed in Punjab and at 0.1% of deal value will need more stamp duty to be paid. The agreement has to be ENFORCED.

Can the extra stamp duty be paid? Has it to be paid within the period the agreement is valid for? Or, is it okay if it is paid later?

The second question is: Where can it be enforced? In Karnataka, Rajasthan or in Punjab?

Thanks



Learning

 3 Replies

Shashi Dhara   07 March 2019

As the property is situated in Punjab every thing is settled and enforced their .if u file it in Karnataka or Rajasthan then it will be transferred to Punjab.
1 Like

KJS (NA)     07 March 2019

Where does one pay the remaining stamp duty?
In Punjab or in Karnataka?
Necessarily within the agreement period? Or, after that is also okay?

Dr J C Vashista (Advocate)     09 March 2019

Is it a real story ?

Prima facie it is a hypothetical question paper.


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