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Stamp duty on mortgage

Querist : Anonymous (Querist) 19 February 2010 This query is : Resolved 
I have taken working capital loan from Bank for say Rs.10 and one piece of land is given as security for which equitable mortgage was created and stamp duty is paid on Rs.10 . The limit is further enhanced to Rs.20 and stamp duty on balance loan of Rs.10 is paid. We have mutually agreed to give one more piece of land as additional security. My query is whether I have to pay stamp duty on entire amount of loan again for extension of Mortgage?
Raj Kumar Makkad (Expert) 19 February 2010
No. Only on the enhanced amount.


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