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C. Murali (Manager)     10 August 2013

Dissolution of partnership

Sir

In a deed of dissolution of partnership there is an agreement that the one who is continuing the business must pay the outstanding bank loan amount of Rs.700000/- What is  the stamp duty payable on the instrument. 



 2 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     10 August 2013

A stamp paper with regard to amendment of partnership can be made of Rs.500/- stamp paper.

C. Murali (Manager)     11 August 2013

Sir

 

Is the document only a dissolution of partnership or canit treated as a release under tamil nadu stamp cat?


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