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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.
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Is a tenant reliable to pay stamp duty land tax?
no the tenant is not obligated to pay the stamp duty or the land tax it is an obligation on the part of the owner or land lard to pay it
Who is liable for Turnover tax?
The person whose annual turnover is above 5,00,000. He is liable to pay tot tax
How much stamp duty charges is applicable for usance period of 180 days letter of credit?
Rate of payment of stamp duty is a subject matter of state so it is leaviable accordingly.
How much stamp duty o a 300000 purchase of home in Australia?
The stamp duty on a $300,000 home purchase can vary from $3000 to over $15,000. The amount owed varies from state to state and depends if the house was bought for an investment or home.
Is TDS a Direct Tax or Indirect Tax?
According to me tds is indirect tax because the concept of indirect tax is the tax is implement on that person is not liable to pay tax its burden is transfer to another person and who is liable to pay ta
Do you pay stamp duty on vat?
no
When is stamp duty applied?
do I have to pay stamp duty on a retirement unit, it is in Glenvale Gardens Toowoomba
Is a tenant reliable to pay stamp duty land tax?
no the tenant is not obligated to pay the stamp duty or the land tax it is an obligation on the part of the owner or land lard to pay it
Who should pay the Stamp duty for Loan Agreement - Bank or Loan applicant - Why?
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.
What happens when the executor spends the estates money and does not pay bills?
They have breached their fiduciary duty. They can be held liable and prosecuted for theft.
Can you claim stamp duty for tax?
You can claim stamp duty for tax because when purchasing property, stamp duty is only included in its cost base.
What is the stamp duty act in India?
What was the year when stamp duty act passed in Maharashtra (INDIA) ?
What is the stamp duty on scripless shares in Singapore?
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
How can one determine the stamp duty in NSW?
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.
Can the stamp duty and registration charges for registered mortgage be shared with the owner?
Yes, it can be shared if mutually agreed by both the party. Normally the mortgagor pay the duty. C P Sagar
How can the word liable be used in a sentence?
The two common meanings of liable are: 1. likely to do or be something 2. Owing a duty (responsibility) in law. An example of the first usage would be: 1. Those who do not work hard at school are liable to regret it later in life. And for the second usage: 2. The defendant is liable to pay damages to the amount of £500.
What is the level for stamp duty?
it is quill
