Stamp duty
Amit Jagda
(Querist) 10 December 2014
This query is : Resolved
I had purchased a flat in 2013 .I am the third ownwe.The first agreement which was made in 1992 between builder and first ownwer was lost and the stamp duty is still not paid.I have all the documents like Xerox agreement,paper notice and FIR report from police station.Now ,I want to pay the pending stamp duty and registration charges of the first owner and clear this matter.
So can i pay...
1)The stamp duty and registration charges on Xerox agreement and what is procedure for that....
ajay sethi
(Expert) 10 December 2014
it appears agreement between builder and first owner is not stamped and registered . you dont have clear and marketable title to the property you ought not to have purchased the said flat . you should have requested seller to pay stamp duty on said flat .
if you seek to pay now heavy penalty would be levied . wait for amensty scheme from state Govt
Amit Jagda
(Querist) 10 December 2014
Thank you for the help...but i am selling my flat..so i cant wait for amensty...the purchaser is taking a bank loan from HDFC and the bank is asking to clear the Stamp duty...Also i dont have to worry about the charges and penalty because first owner had already deposited 3 lakhs with society for the pending stamp duty carges...
Sailesh Kumar Shah
(Expert) 10 December 2014
agreement should be registered, then no need to worry, just get certified copy. no need to pay any stamp duty.
Rajendra K Goyal
(Expert) 10 December 2014
Consult local lawyer and show him all the documents,
Amit Jagda
(Querist) 11 December 2014
Thanks Shailesh and Rajendra...