Stamp paper amount required for power of attorney
Dileep Vaidya
(Querist) 12 February 2014
This query is : Resolved
I stay at Maharashtra & want to give Power of Attornry to my uncle for attending various matters related to my Land. Power of attornry will NOT give right of sale/Pledge to my uncle.
What amount of stamp paper should be used
On which site I can see amended stamp value required amounts under Article 48 of Bombay Stamp Act ?
Devajyoti Barman
(Expert) 12 February 2014
The stamp paper should be from the place where you stay or where the property situates.
It should be of minimum of Rs 150/-.
Devajyoti Barman
(Expert) 12 February 2014
The stamp paper should be from the place where you stay or where the property situates.
It should be of minimum of Rs 150/-.
Rajendra K Goyal
(Expert) 13 February 2014
Stamp duty varies from state to state. Confirm from local lawyer.
Taken from net:
Mumbai Rates of Stamp Duty And Registration Fees 2013
i) Fees for Attestation of General or Specific Power of Attorney is Rs.25.
(ii) Fees for Registration of General or Specific Power of Attorney is Rs.100.
(iii) Fees for other types of Power of Attorney is 1 % of Market Value of the
Property or Rs.30,000/- whichever is less.
Link:
http://www.readyreckoner.in/viewinfo_rates-of-stamp-duty-and-registration-fees-2013_21_1_5.html
R.V.RAO
(Expert) 13 February 2014
agree with experts sri barman ji
and sri goyalji.
T. Kalaiselvan, Advocate
(Expert) 14 February 2014
Stamp value or duty differs from one state to another, it is not the same everywhere. Better visit a local registration office/document writer to know about the exact amount for your purpose.
bhagwat patil
(Expert) 15 February 2014
In Maharastra stamp required for POA exept sell other than blood relative is Rs100/-
