respected Sir/mam, I have drafted a partnership deed for one of my client. You are requested to guide me about what value of stamp paper or duty required for such deed. Thanks in advance
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This discussion clarifies the stamp duty required for a partnership deed. It explains that the deed should be notarised on a Non-Judicial Stamp paper with a minimum value of Rs. 200 or more. This document acts as the firm's charter and requires signatures from all partners.
An important document in the above mentioned documents is a Partnership Deed. This deed, notarized on a Non-Judicial Stamp paper with minimum value of Rs. 200 or more and signed by all partners, is 'THE' charter or blueprint of the firm.