Querist :
Anonymous
(Querist) 01 February 2019
This query is : Resolved
Hi we have to enter in to a lease with a commercial complex for 5 years period wth an option to extend the lease for another 3 years . The average rent works out to Rs 60,000 per month . we receive a ten months deposit for the same. To register this lease what are the stamp duty and fees that becomes payable in Tamilnadu. And, the above duty & fees payable including GST. Thanks for your help in advance.
kavksatyanarayana
(Expert) 01 February 2019
I think the stamp duty for lease deed below 30 years payable @1% on the total lease amount subject to a maximum of Rs.20,000/- and fees payable is Rs.100/-. Consult at local SRO.
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