Stamp duty on Agreement prior to 09.12.1985
Mehul
(Querist) 17 April 2009
This query is : Resolved
The details information as follow: Agreement made with builder on June 1985.
Stamp duty paid Rs. 5 /-
Property located : Residential house in Vile Parle (East)Mumbai , 530 Carpet Area,
Agreement value : Rs.2,10,000
Registration : done in Jan 07 but no SD paid.
conveyance of building not done by builder in society's favour.
Question: Whether stamp duty payable? at what value and what rate? When to pay stamp duty- means right know owner can pay or wait till Society is going for conveyance than only pay. Any exemption in patment of SD for area below 650 Sq feet(??)
Can anybody share documentary evidence or reference for clear understanding.
Please revert.
Regards,
CA Mehul Dedhia
mehulddedhia2002@yahoo.com
Y V Vishweshwar Rao
(Expert) 06 May 2009
Stamp Duty - Mharastra - Mumbai Local -Stamp Duty - it can be decided in Local Mumbai Sub-Registrar's Office - expemptions are as permitted by State Govt , it defers from State to State .
Mehul
(Querist) 06 May 2009
It is difficult to get annswer from Sub - Registrar. That's why I asked the question to this forum.
Please give the stamp duty amount if payable and if note whats the reason for that.
Regards,
Mehul.
