LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Mayur Kadam (TG1)     03 November 2009

franking amount

i have a sale aggrement of 19 lacs in mumbai, what is the amount of franking for the agreement.



Learning

 2 Replies

A V Vishal (Advocate)     03 November 2009

The amount of franking will be decided under the Bombay Stamps Act. Contact the Stamps & registration department who will give you the exact amount of stamps to be franked on the sale agreement.

Anil Agrawal (Retired)     03 November 2009

 It depends upon the market value as per ready reckoner. Ultimately, it will be collector of stamps who will adjudicate. 


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register