JaiHind2010 (Owner) 04 September 2010
Will there be a problem if I got the agreement to sell stamped fo higher value (by rs 4 lakhs) that the agreement value? To file case I was advised to stamp agreement, but authority have put higher value for property. can the defendant object to this, will there be any tax implication for him because of this?
Kiran Kumar (Lawyer) 04 September 2010
stamp duty has to be as according to the collector's rate. find out the exact rate applicable to the area and act accordingly.
hari sri chunduru (advocate) 04 September 2010
GENERALL THIS TYPE OF AGREEMENTS ARE DONE FOR PURPOE AVAILING LOANS NONE CAN OBJECT FOR THIS TYPE TRANSACTIONS BUT YOU HAVE FACE TAXING PROBLEMS WHICH CAN BE CURED
JaiHind2010 (Owner) 05 September 2010
Thank you
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