26 November 2011
Power of Attorney for income tax procedding purpose before officers should be made on sheet bearing of stamp worth Rs....... Plz someone tell of amount which i affix on sheet
10 August 2024
In Uttar Pradesh, as in most states in India, the Power of Attorney (PoA) for income tax proceedings does not have a specific stamp duty requirement if it is used for purposes like income tax proceedings, where it is generally executed on a non-judicial stamp paper.
Hereโs how to handle the Power of Attorney for income tax proceedings:
### **Power of Attorney for Income Tax Proceedings:**
1. **Stamp Duty Requirement:** - **Non-Judicial Stamp Paper:** In Uttar Pradesh, the Power of Attorney for income tax proceedings can be executed on a non-judicial stamp paper. The amount of stamp duty on the non-judicial stamp paper can vary, but it is commonly Rs. 10 or Rs. 20.
2. **Execution:** - **Stamp Paper Amount:** Use a non-judicial stamp paper worth Rs. 10 or Rs. 20. For the purpose of income tax proceedings, a lower denomination is typically sufficient.
3. **Content of Power of Attorney:** - **Details:** The Power of Attorney should clearly mention the name of the person granting the authority (principal) and the person receiving the authority (agent). It should detail the scope of authority, including representation before the Income Tax authorities.
4. **Notarization:** - **Optional:** Though notarization is not mandatory, it is often advisable to get the Power of Attorney notarized to ensure that it is accepted without any issues by the authorities.
### **Steps to Create Power of Attorney:**
1. **Draft the Document:** - Prepare the Power of Attorney document detailing the powers granted, including representation before income tax authorities.
2. **Purchase Stamp Paper:** - Obtain a non-judicial stamp paper of appropriate value (Rs. 10 or Rs. 20).
3. **Execute the Document:** - Sign the document on the stamp paper. Ensure all necessary details are filled correctly.
4. **Notarization (Optional):** - If desired, get the document notarized to provide additional validity.
5. **Submit to Authorities:** - Submit the Power of Attorney along with other required documents to the Income Tax authorities as needed.
### **Summary:**
For income tax proceedings in Uttar Pradesh, you should use a non-judicial stamp paper typically worth Rs. 10 or Rs. 20 for the Power of Attorney. Ensure the document is properly drafted and signed, and consider notarization for added authenticity.