stamp duty on asset lease agreement
Querist : Anonymous
http://wirc-icai.org/WIRC_REFERENCER/index.htm
Querist : Anonymous
As per the ready reckoner on stamp Act,
stamp duty on lease of movable property is mentioned under heading 36 which refers to computation as per article 25 under heading conveyance.
So as per our understanding,the calculation of stamp duty would be Rs.15 on every Rs.500 on 10% of market value of the property.
Pls confirm the same.
Querist : Anonymous
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