E-stamping in delhi
Capt RK Sharma
(Querist) 25 November 2012
This query is : Resolved
Recently I bought e-stamp for Rs. 3700/- purpose registering of house lease deed for two years. In the estamp form there is a row - consideration price - where I mentioned monthly rent amount. I understand it should be zero as some persons tell me that consideration price is to be mentioned only for sale/purchase deed not for lease deed. Stamp duty amount is absolutely correct and there is no other mistake in e-stamp.Should i use this estamp or not for registration of lease deed.I am the landlord.
Anirudh
(Expert) 25 November 2012
Dear Mr. Sharma,
Whoever told that 'consideration' is only for sale/purchase and not for lease are not correct.
Further, the stamp duty is payable on the annual lease value (and not on monthly rental value).
There is no doubt that once the lease is for a period of more than 12 months, registration is compulsory and stamp duty is attracted. Therefore, you can very well make use of the e-stamp for registration of the lease deed.
Dr J C Vashista
(Expert) 26 November 2012
I concur the views of Mr. Anirudh.
Raj Kumar Makkad
(Expert) 28 November 2012
I also have the same opinion as of Anirudh.
