Bombay Stamp Act PDF
The Bombay Stamp Act, 1958 Schedule I Stamp Duty On Instruments Sr.No. Description of Instrument Proper Stamp Duty 1. ACKNOWLEDGEMENT of-- (1) a debt written or signed by, or on behalf of, a
The Bombay Stamp Act, 1958 Schedule I Stamp Duty On Instruments 1. ACKNOWLEDGEMENT of-- 11(1) a debt written or signed by, or on behalf of, a debtor in order to supply evidence of such debt in
P. R. Kulkarni, Managing Director, Fluent Consultants Pvt. Ltd., Pune 1 The Bombay Stamp Act, 1958 Lecture & Presentation By P. R. Kulkarni,
THE BOMBAY STAMP ACT, 1958 [BOMBAY ACT No. ,LX OF 1958]1 This Act received the assent of the President on 4th June 1958, and assent was first published in the Bombay Government Gazette, Part IV, on the 11th June, 1958
1 STAMP DUTY 1. INTRODUCTION :-The Bombay Stamp Act, 1958 came into force on 16th Feb, 1959 and is applicable in the State of Maharashtra. The Act is intended to levy stamp
56Schedule I Bombay Stamp Act, 1958 Stamp duty on instrum ents 1. Acknowledgement of 11 (1) a debt written or signed by, or on behalf of, a debtor in order to supply evidence of
Title: Microsoft Word - Bombay Stamp Act, 1958,29th December 2003,3.doc Author: Administrator Created Date: 1/14/2004 9:01:45 AM
Stamp Duty is payable under Section 3 of The Bombay Stamp Act, 1958. Different amount of Stamp Duty is payable for different types of document as per Schedule–I of The Bombay Stamp Act, 1958. Stamp Duty must be paid in full and on time.
The Bombay Stamp Act, 1958 1[Schedule – I Stamp Duty on Instruments (See Section 3) Description of Instruments Proper Stamp Duty 1 2 ACKNOWLEDGEMENT of--
Stamp Duty & Registration Information 1. What is the extent of application of the Bombay Stamp Act, 1958? The Act applies to the whole of the State of Maharashtra.
[Act, No. 60 of 1958]1 Preamble: AN ACT to consolidate an amend the law relating to stamps and stamp duties in the State of Bombay. WHEREAS it is expedient to consolidate and amend the law relating to stamps and
AMENDMENT Maharashtra Stamp Act, 1958 W.E.F. 01/05/2013 Stamp Duty Ready Reckoner & Market Value of Properties in Mumbai 2013 Page No.11 Stamp Duty Rates for
The Indian Stamp Act, 1899 in its application to the pre-Reorganisation State of Bombay excluding the transferred territories and to the Vidarbha Region ... 1932 II The Bombay Finance Act, 1932 Parts IV and V containing sections 15, 16, 17, 18 and 19.
Bombay Stamp Act, clearly includes lease of moveable property in the ambit of definition of lease, whereas Indian Stamp Act as applicable to other states does not. Hence, while stamp duty is levied on the lease of moveable property in the State of
Indian Stamp Act Act 2 of 1899 As Applicable to the States of Punjab & Haryana Legislative History 1. Affected by Punjab Act 5 of 1957 2. Amended by Punjab Act 13 of 1958
Bombay Stamp Act, 1958 (the “Bombay Stamp Act”) Stamp duty is levied by different States in accordance with their respective Stamp laws enacted in line with the Indian Stamp Act, 1899. Such stamp duty collected forms a
Stamp duty on Lease Transactions in Maharashtra -by Nidhi Ladha Vinod Kothari & Company ([email protected]) The provisions of Indian Stamp Act, 1899 are applicable to whole of India and its territories
(C) Stamp paper As per the amendment of section 34 of the Bombay stamp Act 1958, the stamp paper should purchased be in the name of one of the parties executing the document.
Article 25(da) of Bombay Stamp Act.10% of value of shares issued but not exceeding 5% of value of immovable property situated in Maharashtra .7% of value of shares issued plus consideration paid whichever is higher.
Stamp Duty Stamp duty is a pre-requisite condition, which has to be paid before taking possession of the flat. It is essential to pay the requisite stamp duty every time one
THE INDIAN STAMP ACT, 1899 Contents SECTION SECTION TITLE 1 PRELIMINARY 2 SHORT TITLE, EXTENT AND COMMENCEMENT. 3 DEFINITIONS. 4 STAMP-DUTIES 5 ... Madras and Bombay, respectively and without those limits, the Collector of a district; and
Adjudication of Proper Stamp Duty By M.K. Gokhale, Deputy Supt. Of Stamps (Retd.) Section 31 of the Bombay Stamp Act, 1958 provides about the adjudication of proper Stamp Duty.
The Indian Stamp Act, 1899 No.2 of 1899 (As amended in its application to the State of Madhya Pradesh ) An act to consolidate and amend the law relating to Stamps.
MAHARASHTRA ORDINANCE NO. II OF 2005 REVENUE AND FORESTS DEPARTMENT Mantralaya, Mumbai 400 032, dated the 7th May, 2005 An Ordinance further to amend the Bombay Stamp Act, 1958
5 without due obedience and confirmation with the other provisions of the Act and in view of that Section 50C cannot be read into Section 48 of the Act which
THE INDIAN STAMP ACT (AS APPLICABLE IN ANDHRA PRADESH STATE) 3 property in severalty, and includes also a final order for effecting a partition passed
The Indian Stamp Act, 1899 and the Bombay Stamp Act, 1958 are the prevalent laws on Stamp D across India with sometimes minor changes and amendments in most states of India. So the provisions discussed below are mainly based on these two laws.
the purpose of Stamp Duty under the Bombay Stamp Act, 1958, whichever is higher. VAT on sale of flats –Judicial precedents ...
THE INDIAN STAMP ACT, 1899 43. Prosecution for offence against Stamp-Law 44. Persons paying duty or penalty may recover same in certain cases 45. Power to revenue-authority to refund penalty or excess duty in certain
LICHFL GRIHA PRAKASH/TO - 6 Stamp Duty of Rs. 100/- as per the Bombay Stamp Act, 1958 and for other states the relevant stamp Act may be referred to.
Under Section 3 of the Bombay Stamp Act, 1958, every instrument mentioned in Schedule-I shall be chargeable with duty at the rates as indicated in the Schedule. For the purpose of levy of stamp duty, an instrument is required to
Bombay Non-Trading Corporation Act, 1959 or (ii) of a Board constituted under the Gujarat Housing Board Act, 1961 or Gujarat Rural Housing Board Act 8% Note : Additional 25% stamp duty for property in Urban areas of the consideration or the market value whichever is greater.
As per the Bombay Stamp Act, 1958, stamp duty on conveyance deed is leviable on the market value of the property at the rates applicable to the area in which the property is situated. These rates are prescribed in the ready reckoner.1
3. Repeal of the Ord. of 1974 and saving:- (1) The Maharashtra Special Provision for Payment of Stamp Duty Ordinance, 1974 is hereby repealed.
THE INDIAN STAMP ACT, 1899 (AS AMENDED AND APPLICABLE IN UTTAR PRADESH ) 2 (c) a etter of credit, that is to say, any instrument by which one personl
included the consent decree in the definition of the word 'conveyance' under the Bombay Stamp Act. The Court held that definition of 'conveyance' in the Stamp Act was an inclusive definition and includes within its ambit an order of the High court under section 394 of the
Indian Stamp Act, 1899. 1 (2) It extends to the whole of India except the State of Jammu and Kashmir: ... Bombay, theCollector of Calcutta, Madras and Bombay respectively, and, without thoselimits, the Collector of a district; and
Intelligent Legal Risk Management LLP STAMP DUTY LAWS OF INDIA (Statewise) Andhra Pradesh The Indian Stamp Act, 1899 The Indian Stamp (Andhra Pradesh Extension and Amendment
Bombay Stamp Act,195S. Revenue Department Sachivalaya,Gandhinagar Dated the 3rd August,2006. WIIEREAS tine Government of Gujarat has remitted the duty chargeable on the instruments executed by the Self
The Stamp duty imposed by the State of Maharashtra should be at par with Gujarat and New Delhi to make it competitive. Incidentally, in the State of Gujarat the ceiling is Rs. 1 ... covered under amendments made in July 2009 and Bombay Stamp Act 1958to attract
Audit Report (Revenue Receipts) for the year ended 31 March 2011 52 As per the provisions of Bombay Stamp Act (BS Act), 1958, stamp duty (SD) on conveyance deed is leviable on
Scheme of Merger / Amalgamation o Indian Stamp Act 1899 is the parent Act, which was enacted by the Legislature as a fiscal statute. Our constitution ( Union list, Entry 91 ), gave
Rule 21 of the Bombay Stamp Act, 1958 provides for the procedure in relation to the evidence to be collected by the Collector in cases where a claim for refund of stamp duty is made. Accordingly, the
- Bombay Financial Rules,1959. - Directorate of Accounts And Treasuries Constitution (4784 KB) ... - The Bombay Stamp Act 1958(9.40 MB) - Maharashtra Treasury Rules, 1968 (Amendments Issued upto 31-07-1981) (In English)(21.8 MB)
Bombay Stamp Act,1958. Revenue Department Sachivalaya,Gandhinagar Dated the 12th, July, 2006. In exercise of the powers conferred by clause(a) Of section 9 of Bombay Stamp Act, 1958 (BOM_ of 1958), the
Sec. 19 such an instrument which relates to any property situated within the State is liable to be subjected to payment of stamp duty under the Bombay Stamp Act upon
As per Article 51 A of the amended Bombay Stamp Act, 1958, Members/Constituents in Maharashtra have been requested to pay stamp duty on all . transactions in forward contracts in commodities at the rate of Re 1 per lac or part thereof. As stamp ...
Bombay Stamp Act, 1958, The Registration Act, 1908 ::: Downloaded on - 23/05/2013 19:35:17 ::: Bombay High Court and Transfer of Property Act, 1882. 5. This order is issued on the basis of documents and ...
BCIC Representation on Stamp Duty Implication Page 2 of 2 BOMBAY STAMP ACT, 1958 Section 2(g) of the Bombay Stamps Act, 1958 (“Bombay Act”) defines “Conveyance”, to mean,
5 wp9317.11 under Section 33 of the Bombay Stamp Act, 1958, there is no provision for impounding the