Llp stamp duty payable on supplementary deed in case of incr

 

 

FACT:
 
  • Existing LLP with a Capital of Rs 1.5 lacs, Existing Stamp Duty paid rs 1500/-
  • Registered office Maharashtra
  • want to increase capital / contribution to rs 5= 1.5+3.5=5 lacs by Admitting new partner.
 
Query:
  • What is the stamp duty payable on the Supplementary  Deed ?
  • All the Partner Will execute the deed (old and New) ?
  • Notarization of deed is compulsory ?
 
Thanks
 

 
 
Best  Regards:
Manish Buchasia / M. S. Buchasia & Associates
(Practising Company Secretaries)
410, "SATYAM MALL" Nr Kameshwar School, Opp Samman,
Jodhpur, Satellite , Ahmadabad -380015, Gujarat
(M) 09898055367 (O) 079-30023620 

(e) manishbuchasiacs @ gmail.com

NB: Ack the mail by Reply
https://sites.google.com/site/csupdated/csupdate
https://sites.google.com/site/csupdated/cin
Replies (4)

 

Dear Sir
 
I was in impression that the stamp duty is same as per Partnership Agreement, so whatever we pay in case of partnership, we pay on LLP also.
 
But a senior CS told me that there is no separate entry for LLP Agreement in the stamp act, hence no specific stamp duty.
 
What is your experience on this ?

Can you please send me Supplementary llp agreement (draft copy ) for change of office within the same area

email - khguptaandco @ gmail.com

Email.- firmsclient @ gmail.com

 

sir,

i have a query that in supplementary llp agreement for increase in contribution of partners what will be amount for stamp duty to be payable?

@ Manish bhai, you need to pay stamp duty on additional capital of Rs 3.5 Lacs. In Maharashtra, stamp duty on LLP Agreement is 1% on total contribution, subject to maximum of Rs 15,000/-. Hence you need to pay stamp duty of Rs 3,500/- on supplement deed.

All the partners shall sign the supplement deed. There is no need to do notary on Supplement Deed. However, if partners want, then can do so.

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
04 August 2026
ACCOUNTANT

CA RAM KISHOR KUMAR

Others

B.Com

View Details
Company
ARTICLESHIP 08 August 2026
CA Articleship

RSAG & CO LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 05 August 2026
CA associate

Arun Deepak and Company

New Delhi

CA Inter

View Details
Company
07 August 2026
Chartered Accountant

Devesh Garg and co

New Delhi

CA

View Details
FOLLOW
US ON