Bombay Stamp Act Leave And License Agreement

[To the extent that an appropriate stamp duty is paid on a registered contract for the sale of a property considered transport and a transport deed is then carried out without modification, such a promotion is treated as another instrument in accordance with Section 4 and the obligation of one hundred rupees is charged.] MAHARASHTRA GOVERNMENT Thursday, July 8, 2000 Part 4 A REVENUE and Forest Department Mantralaya, Mumbai 400,032, dated June 8, 2000 Notification The Registration Act, 1908. No. RGN.2000/2120/CR-592/M-1- In the exercise of the powers conferred by paragraphs 78 and 79 of the Registration Act, 1908 (XVI 1908), in its application to the State of Maharashtra, read with subsection (1) of Section 55 of the Mahartra Rent Act Control, 1999 (Mah. 18th of 2000), the government of Maharashtra amended the ROYALty TABLEAU, which was established under Section 78 and published under the government`s note, Ministry of Taxation No. 2000, effective in 2000. Rgn. 1558/67731-N, dated 17 July 1961, as requested in section 79, namely: in the royalty table above, the following article is interested in Article III, namely; "III A For the registration of a document of the leave and licensing agreement, if this document relates to the property; A borders; Municipal Corporation 1000 In any other area 500 On the orders and on behalf of the Governor of Maharashtra, P. G. CHHATRE Undersecretary of the Government (a) of collectors notes that it is already fully stamped, or in accordance with Section 17 of the Indian Registration Act, which applies to the whole of India, all real estate lease agreements are registered from year to year or for a period of more than one year. Therefore, unless otherwise required by national law, any leave and licence contract must be registered for a period of 12 months or more.

b) All stamps purchased at the beginning or after the start, but which have not been used or that have not been used within six months of the date of purchase, become invalid.] If you. B enter into a leave and licence contract for 24 months, with a monthly rent of Rs 25,000 and a refundable deposit of five Lakhs, you must pay a stamp duty of Rs 1,750 (with 0.25% on the rental of Rs six Lakhs for two years and Rs a Lakh for two years). [58. SURRENDER OF LEASE, including a lease transfer agreement (ii) all other stamp duty payable to the Board of Directors under that Act and which do not fall under entry 96 of List I of the Seventh List of the Indian Constitution, where that chamber would be required to pay this tax under the law, except for that order." The registration fee for a rental contract in Maharashtra, depends on the location of the rental. The registration fee is Rs 1,000 if the property is below an urban corporate area and it is 500 aff. if this is the case in a rural area. In the absence of a contrary agreement, the tenant bears the costs of stamp duty and registration.

Both comments and pings are currently closed.

Comments are closed.