How much stampaper to be used for "Partnership retirement deed" in Andhrapradesh.
ka@meeni
(a learner)
(272 Points)
Replied 02 April 2011
OMG!!!!
IF U HAV GUTS TO DO SMTHG THN DO IT 4 THAT.
N DNT LOOSE UR CONFIDENCE N PATEINCE......ALL THE BEST
svraghunath
(ca)
(92 Points)
Replied 05 April 2011
Parnter ship deed in AP to be executed in (total worth) Rs.500/- stamp paper.
CA Vijay Kumar Walande
(Expert)
(515 Points)
Replied 22 June 2011
There are basically two acts governing the Stamp Value
1. The Indian Stamp Act 1899 and
2. The Registration Act 1908
The above acts provide schedules which contains list of items along with their respective stamp duty.
All it says is to make a document acceptable by the Juris The document has to be affixed with the stamp value given in the respective schedules.
As far as Partnership deed in Andhra Pradesh is concerned it should be executed on Rs 500 stamp paper.
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