If the buyer sub-resells or sells the property before its completion, the payment of stamp duty may be delayed to seven days after the signing of the subsold/assignment agreement. BTA usually includes many objects of transmission, which can include all kinds of tangible, intangible, contract, movable and immovable property. Whereas, from an income tax perspective, a slump sale transaction is the preferred method of acquiring the business, given the complexity of determining stamp duty on the transfer instrument, it is recommended that the parties apply to the competent stamp authority to decide on stamp duty [see note 9] and seek the opinion of the district official on the determination of the tax levied. on the instrument. if there is ambiguous evidence in the stamp law in question. . ensure that stamp duty on the entire transaction does not exceed the prescribed limit. However, if all stamp duty is levied on the deed of sale, stamp duty is applied. Inadmissibility.8. In order to revisit the facts of the present case, the act of purchase has already been performed and it is indisputable that stamp duty has been paid for the entire transaction.
The question is…, Sharat Bose Road, Kolkata. Respondents Nos. 6 to 8 are the owners of such real estate. Respondent Nos. 6 to 8 entered into a contract of sale in favour of Respondent No. 5 on August 19, 2016. The whole. In favour of the nominee.3. Learned Senior Advocate, who appears for the petitioners, was sufficient that Defendant No. 5 was designated for sale by the petitioner within the meaning of such an agreement.
With regard to these . He, the contract of sale was registered with full stamp duty and such a contract of sale with a clause authorizing an appointment, no other stamp duty.. . .