Stamp value for agreement
Arjun Jaganathan
(Querist) 21 April 2013
This query is : Resolved
I recently made an agreement with a person to buy a property. We made a written agreement on a Rs.20/- stamp paper. I just came to know from a person that the stamp Act has been amended and now the minimum stamp value to enter an agreement is Rs. 50/- and not Rs 20/-.
1. Is it true that the said amendment is in force..??
2. Will the agreement become invalid for insufficiency of stamp.??
R.K Nanda
(Expert) 21 April 2013
different in all states.
Raj Kumar Makkad
(Expert) 21 April 2013
The value of the stamp duty has nothing to do. The agreement is required to be registered now and if is registered then the stamp duty payable on the earnest money shall have to be affixed which shall definitely be more than Rs. 100/-.
Devajyoti Barman
(Expert) 22 April 2013
Agreement for sale in the state of WB is compulsorily registrable document.
Sailesh Kumar Shah
(Expert) 22 April 2013
state full facts :-
consideration
advance
terms and conditions
place of execution of document
to get answer.
R.K Nanda
(Expert) 22 April 2013
agree with experts.
Adv k . mahesh
(Expert) 22 April 2013
first go to sub registrar office and register the document paying the registration fees
Dr J C Vashista
(Expert) 24 April 2013
Incomplete details provided.
differs in states
