Stamp duty on partnership retirement
Mohamed farook
(Querist) 27 February 2018
This query is : Open
One of a partner retired from the registered partnership firm by receiving his goodwill amount and moving asset mentioned value of rs8470000 by retirement agreement of 100 rupees stamp paper in tamilnadu.The agreement was recorded in firm of registrar.Now some of registration official say that if the retirement agreement is audited 3 percent plus fine will be imposed on that otherwise it may not be evidenced in court.please advise
Mohamed farook
(Querist) 27 February 2018
If the court not accepting the agreement as an evidence it becomes void or not please comment
Mohamed farook
(Querist) 27 February 2018
Stamp duty with partnership agreement queries may kindly replied with citations reference
Mohamed farook
(Querist) 27 February 2018
Respected lawyers please answer
Mohamed farook
(Querist) 27 February 2018
Respected lawyers please answer