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Stamp duty or Franking value

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(Querist)
24 January 2011 hello,
i am executing a leave and license agreement whereby 1 tenant (pagdi system) is sub-letting the premises to another for 12 months for a consideration of Rs.3 Lakhs.
what will be the franking value for this agreement??
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
24 January 2011 stamp duty is depending on state. You have not mentioned the state.
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