Stamp duty

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

18 August 2017 sir! i want to know about the stamp duty rate in UP, on a lease agreement for 10 years/ 5 years where the annual rent is 40000. How this is calculated. what would be the principle amount on which the duty is levied. Is it total rent of 10 year or a rent of one year?
Thanking you.

CA Suresh Jain

CA Suresh Jain (Expert)
Follow

18 August 2017 I am not aware of this but a practical advice is that either you ask an advocate or you go to the city courts and ask the stamp vendor.
N Jain
group.blr@gmail.com