Regarding Partnership deed change and stamp paper purchase
This query is : Resolved
Quick Summary
31 March 2025
Partnership deed change will be compulsory from the 01.04.2025 ?
According to the new rules, how much stamp paper will have to be purchased for the new partnership deed
According to the new rules, how much stamp paper will have to be purchased for the new partnership deed
31 March 2025
Starting from April 1, 2025, changes to partnership deeds will indeed be compulsory, aligning with new tax regulations for partnership firms and Limited Liability Partnerships (LLPs).
Stamp Paper Requirements for Partnership Deeds
The amount of stamp paper required for a partnership deed varies significantly based on the state in which the partnership is registered. Here are some key points regarding stamp duty for partnership deeds:
Minimum Stamp Duty: The minimum stamp duty for a partnership deed is generally around ₹200, but this can increase depending on the state. For example:
In Delhi, the minimum is ₹200.
In Mumbai, it is ₹500.
In Bengaluru, it is ₹500 if the capital exceeds ₹500.
In Kolkata, it also requires ₹500.
In Gujarat, the stamp duty is 1% of the partnership capital, capped at ₹10,000.
Affidavit Requirement: Each partner must submit an affidavit on stamp paper of ₹20/50, indicating their intention to enter into a partnership.
Given these variations, it is essential to check the specific stamp duty rates applicable in your state to ensure compliance when drafting or modifying a partnership deed.
Stamp Paper Requirements for Partnership Deeds
The amount of stamp paper required for a partnership deed varies significantly based on the state in which the partnership is registered. Here are some key points regarding stamp duty for partnership deeds:
Minimum Stamp Duty: The minimum stamp duty for a partnership deed is generally around ₹200, but this can increase depending on the state. For example:
In Delhi, the minimum is ₹200.
In Mumbai, it is ₹500.
In Bengaluru, it is ₹500 if the capital exceeds ₹500.
In Kolkata, it also requires ₹500.
In Gujarat, the stamp duty is 1% of the partnership capital, capped at ₹10,000.
Affidavit Requirement: Each partner must submit an affidavit on stamp paper of ₹20/50, indicating their intention to enter into a partnership.
Given these variations, it is essential to check the specific stamp duty rates applicable in your state to ensure compliance when drafting or modifying a partnership deed.
30 September 2025
Good luck....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
