I had taken a loan of Rs. 100000/ from my Company, National Thermal Power Corporation ie a central Govt. PSU in 1984 , repayable with interest from my monthly salary after mortgaging the property to the CMD of NTPC The loan with interest has been paid back in full and the Company has also returned the original sale & mortgage deeds to me. The Registrar is asking for a receipted copy of the mortgage deed from the Mortgagee to cancel the entry in land records. A format for reconveyane is availableon the internet i.e Form 7, (form for reconveyance for house building advance (vide Rule 8 (d) .Is this reconveyance deed and if so is there any stamp duty applicabl for same.
Rate of payment of stamp duty is a subject matter of state so it is leaviable accordingly.
Generally for an insurance contract there could be more than 1 covers. One mandatory and others optional i.e. Base cover (mandatory) and rider covers (Optional). Stamp duty is applicable only on base cover sum assured. Stamp duty is calculated as percentage (currently 0.02%, may chagne as per laws) of base cover sum assured. No stamp duty appliable on rider Sum assured.
You can claim stamp duty for tax because when purchasing property, stamp duty is only included in its cost base.
The Stamp Duty of Articles varies from State to State. In Delhi the Partnership Deed is Executed on the Stamp Paper of Rs. 200/-, so if you belongs from another state then you need to check it out from your State
do I have to pay stamp duty on a retirement unit, it is in Glenvale Gardens Toowoomba
What was the year when stamp duty act passed in Maharashtra (INDIA) ?
No Singapore stamp duty is payable on scripless shares in Singapore companies as Singapore stamp duty (as far as share transfers are concerned) is a tax payable on the instrument of transfer. Where there is no such instrument, stamp duty does not arise. Shari
One can determine the stamp duty in NSW using a special calculator. It calculates the stamp duty after entering the amount borrowed as well as the purchase price.
The liability of paying stamp duty is that of the buyer unless there is an agreement to the contrary. Section 30, of Bombay Stamp Act, 1958 states the liability for payment of stamp duty. For More Information Visit : stampdutyregistration.com
The Home buyer has to pay a certain amount of money as stamp duty on the loan amount, which is known as stamp duty loan. Percentage of stamp duty loan depends on the value of the residential property that the buyer is buying. Paying stamp duty is compulsory while purchasing a residential property as its registration.
it is quill
no