Stamp Duty on Lease Deed
Himanshu
(Querist) 25 September 2009
This query is : Resolved
Please advice, if I want to execute Lease Deed in U.P. for 3 years, the Lease Rent will be Rs.100000/- and Security Deposit amount will be Rs.300000/- what amount of stamp duty will be payable on Lease Deed for commercial property. Please also advice the percentage of stamp duty to be payable.
Bhumik Dave
(Expert) 26 September 2009
Mr. Himanshu, STAMP DUTY IS DIFFER FROM STATE TO STATE BECAUSE ITS DECIDE BY STATE SO BETTER WAY IS TO CONSULT A LOCAL LAWYER OF JURISDICTION OF SAID PROPERTY.