Poa
AK Misra
(Querist) 30 July 2017
This query is : Resolved
I can understand in case Non Property Transfers such as filing suit etc a notorised POA is valid. My question it is about stamp duty.In MP even for notorised POA it has to be on Stamp of Rs.1000/-. A POA of Maharashra notorised on stamp paper of Rs.100 whether can be valid POA for deposing a case ? Or it has to be stamped as MP Act i.e. on Rs.1000 for the use in MP?
Adv. Yogen Kakade
(Expert) 30 July 2017
If the POA is executed anywhere in India with the clear clause of the purpose of such POA, it is admissible anywhere in India and no specific regional rules for stamp duty are applied.
Rajendra K Goyal
(Expert) 31 July 2017
Well advised by the expert Adv. Yogen Kakade. Agree to it.
Dr J C Vashista
(Expert) 01 August 2017
Stamp duty is a State subject which differ in every state (minor differences), however, POA is generally on a stamp paper of Rs. 100/- and not Rs. 1,000/-. there is some misconception, recheck.
