Stamp Duty On Share Purchase Agreement In Rajasthan

Stamp duty rates for instruments related to the transfer of real estate vary from place to place. The phrases are set out in section 25 of List I of the Bombay Stamp Act, 1958. However (w.e.f: 25/04/2012) Article 25(b)(d) which deals with housing transfer instruments in the Co-operative Housing Society or where the provisions of the Maharashtra Ownership Flats Act 1963 and the Maharashtra Apartment Ownership Act, 1970. In areas where the provisions of the aforementioned laws. Instruments relating to the transfer of land, residential premises, offices, businesses and industries of market value or contract value are collected with stamp duty for the values in force in that area. These standard rates are 5%, 4% and 3%. depending on the location of the property. Notification of the extension of the concession of stamp duty on leases issued by the government / local authorities after regularization. (h) letters about the allocation of shares in a proposed corporation or corporation or a loan to be borrowed by a proposed corporation or corporation; (i) stamps marked with the word “Rajasthan”; and documents, if not properly labelled, are not admissible as evidence in court. Under article 59, any person who, with the intention of evading stamp duty, executes or signs instruments covered by stamp duty without it being properly stamped shall be liable, if convicted, to a severe term of imprisonment, which may not be less than one month but may be extended up to six months, and a fine of up to five thousand rupees. Sections 67 and 68 allow authorities to enter all premises and inspect and confiscate/confiscate documents that are not properly stamped and to impose on each official the burden of assisting the authorities in detecting tax evasion. Documents seized in the absence of an appropriate customs obligation are mixed with a penalty of 4% per month (w.e.f: 27/04/2015) from the date of execution of this document. 2.

Amendment of Communication No. F.4(15)FD/Tax/2014-49 of 14-7-2014 with regard to the reduction of stamp duty on the developer`s share in the development agreement Pursuant to section 28 of the Bombay Stamp Act 1958, the executor is required to disclose and set out the relevant facts and circumstances in the instruments. . . .