Stamp duty
This query is : Resolved
11 May 2013
Ram sells a property to Shyam for `10,00,000 which is subject to mortgage to Mohan
for `20,00,000 and unpaid interest of `4,00,000. Stamp duty is payable on `34,00,000 or on 100000?
for `20,00,000 and unpaid interest of `4,00,000. Stamp duty is payable on `34,00,000 or on 100000?
26 June 2013
What you want is not clear. Anyhow, in case of sale there will be separate registration in favour of Shyam and stamp duty is to be paid on 10L.
After the sale shyam becomes the owner then he has to execute a deed of mortgae in favor of Mohan and separate stamp duty is payable on 24L
After the sale shyam becomes the owner then he has to execute a deed of mortgae in favor of Mohan and separate stamp duty is payable on 24L
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
- Gst credit note by supplier
- Missed uploading GST Invoice
- Query on effect of registration of property
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Whether output tax is taken credit by purchaser
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Additional trade name
- Visiting card purchase
- Classification of income of P Ltd company as business or profession
- 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
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
