Answers On Topic: Stamp Duty
Attached is a draft of Deed of Release and Reconstitution of HUF. The HUF has a Karta, a Member (wife) and 2 coparceners, one a married daughter and other unmarried son. We intend to reconstitute the constitution of HUF. The Member ( wife ) and one coparcener (married daughter) will be leaving / exiting the HUF voluntarily and then the Karta and unmarried son will continue with the HUF in same name. There is no transfer of assets involved. What will be stamp duty payable in Maharashtra and under which Act or Govt Orders. It will be nice if exact…
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Is Deed for Full Partitioning of HUF with only Cash Assets is to be Notarised Or Stamp Duty & Registration is MUST
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I have a query on Validity of Stamp paper. 1) Whether old stamp paper can be used for deeds, if no time limit for the date of stamp paper. 2) if persons entered into a agreement on 1-4-2025 in how many days they have to prepare deed on stamp paper.
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Karta of the HUF wants to transfer the immovable property in the name of one of the co-parcener. under which instrument it can be transferred and what will be the stamp duty in Mumbai
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One assessee has purchase new residential property for section 54F benefit. Whether GST and Stamp Duty Paid on New Flat is allowed as deduction ?
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With regard to valuation of unlisted shares, while considering the immovable property as per Rule 11ua at Stamp Duty Value the resulting share price is in negative number. Because the Guideline value is less than its Book Value. So, can we consider Book Value or Guideline Value whichever is higher for immovable property in valuation of unlisted shares as Rule 11ua provides only for Stamp Duty value w.r.t immovable property.
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Sir, What is the deductability of the stamp duty paid by the company at the time of merger? Will it be treated as capital expenditure?
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Does it need written agreement for claiming stamp duty of earlier ? Is letter of allotment enough ?
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What is stamp duty on purchase of agriculture land (more…)
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In October 2019, the assessee bought a property at a FMV as stated in a valuation report by a CBDT empaneled valuation officer who is also a valuation officer for the Honourable High Court of Calcutta. In the valuation report, it was stated that the Stamp duty value of the property would be about 5.55% higher than the FMV of the property. The assessee proceeded with the agreement of sale on the basis of the valuation FMV in October 2019 and registered the property in March 2020. The Assessing officer now intends to include the difference in Stamp Duty value…
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Deed of Release and Reconstitution of HUF