I had purchased a flat in 1990. I had paid to the Builder Rs. 18000 for it. Now when I wanted sell it, I needed Index 2 and it was not applicable in 1990. I was now informed that the Builder did not pay the Stamp duty but paid Registration fees only.
Now I am now informed t inhat I have to pay Rs 82000 including interest and penalty where's the Stamp duty was only one percent on value upto Rs 250000 and 4 percent above 250000 amounting to Rs 7500 approximate.
1.Now can we do the following:
How was the Property registered without Stamp Duty?
2. Can we sue the Builder for non payment of Stamp Duty?
Your query cannot be answered without seeing the documents in your hand.
