Stamp amount
2 months ago
Mt agent gave me rent agreement on 300 rupees stamp paper total transaction mentioned was 21000 deposit and 10500 advance amount . I am renewing it can I use 100 rupees stamp paper will it be valid for 1bhk in Ahmedabad?
A.Dear Client,
In the State of Gujarat, the stamp duty for residential rent agreements with a duration of less than one year is calculated at INR 3.55 for every INR 100 of annual rent. Specifically, for rent agreements or lease agreements spanning 11 months, a stamp paper of INR 100 denomination is sufficient. It is important to note that these stamp papers should be purchased in the name of either party involved in the rental agreement, whether it be the landlord or the tenant. This ensures the proper documentation and legality of the agreement in accordance with the state's regulations.
In the State of Gujarat, the stamp duty for residential rent agreements with a duration of less than one year is calculated at INR 3.55 for every INR 100 of annual rent. Specifically, for rent agreements or lease agreements spanning 11 months, a stamp paper of INR 100 denomination is sufficient. It is important to note that these stamp papers should be purchased in the name of either party involved in the rental agreement, whether it be the landlord or the tenant. This ensures the proper documentation and legality of the agreement in accordance with the state's regulations.
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A.Dear Client,
The stamp duty for residential rent agreements for less than one year in the State of Gujarat is INR 3.55 for every 100 rupees of annual rent. Rent agreements or lease agreements for a period of 11 months can be made on Rs 100 stamp paper in the state of Gujrat. Stamp papers are to be bought in the name of either of the parties, i.e landlord or tenant involved in the rental agreement.
The stamp duty for residential rent agreements for less than one year in the State of Gujarat is INR 3.55 for every 100 rupees of annual rent. Rent agreements or lease agreements for a period of 11 months can be made on Rs 100 stamp paper in the state of Gujrat. Stamp papers are to be bought in the name of either of the parties, i.e landlord or tenant involved in the rental agreement.
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