How To Calculate Stamp Duty For Rent Agreement In Pune

However, for Maharashtra, the law has been made stricter and, in accordance with the provisions of section 55 of the Maharashtra Rent Control Act, 1999, any lease or leave and licence agreement must be in writing and it must also be registered compulsorily, regardless of the duration of the tenancy. Each state in India has its own unique scale for levying stamp taxes, and we have made the computer available to our users so that they can calculate the holiday stamp duty and license agreement for Maharashtra State. Before renting, always check the condition of the property. It is great to have, at the time of rental, a clause that specifies in detail the condition of the property. It should contain a description of space per room. In Article 36(A)(a)(a)(i) in column 1, for the words `thirty-three months`, the words `sixty months` shall be replaced by the words `sixty months`. (ii) in columns 1 and 2, the words `eleven months` shall be replaced by the words `twelve months`. As of May 1, 2013, the new stamp duty rates will apply to leave and licence agreements. 1) In other words, if a document sets stamp duty 101 or more up to ₹149, then the payment is 100. 2) If the amount of stamp duty is equal to or greater than ₹150,199, the payment is ₹200.

How to calculate stamp duty on holidays and license agreement in Maharashtra? We tried to explain it in a simple way, so it`s easy to understand. 1. (R) Rental 12000/- [Monthly rent] 2. (M) month 12 [months] 3. Mr. 12. Total rent =(R) x (M) 144000 = 12000 x 12 4. . .

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