Hi
Can someone give me the current Stamp Duty and Registration charges for Karnataka which is effective from 1st April 2012.
While searching online, I got two different values. Few websites says it is 5.6% + 1 %, of the Sale Deed Value.
Whereas, few other sites says 5% + 1 %.
Latest Stamp Duty and Registration Charge
Re: Latest Stamp Duty and Registration Charge
MSN
Its 5% + 1%. Karnataka government has given a discount of 1% last year.
Its 5% + 1%. Karnataka government has given a discount of 1% last year.
Re: Latest Stamp Duty and Registration Charge
It was 5.6% + 1 % a few months back.
Re: Latest Stamp Duty and Registration Charge
It is 5.6% + 1%.
Also from October there will be 1% TDS has to be deposited by the buyer and the sale value should be adjusted accordingly. It will be sellers responsibility to claim the tax back based on actual usage of the sale consideration.
Also from October there will be 1% TDS has to be deposited by the buyer and the sale value should be adjusted accordingly. It will be sellers responsibility to claim the tax back based on actual usage of the sale consideration.
Re: Latest Stamp Duty and Registration Charge
go through the link,
http://www.karunadu.gov.in/karigr/
http://www.karunadu.gov.in/karigr/about ... ,_2012.pdf
regards,
ravindra kumar hg
http://www.karunadu.gov.in/karigr/
http://www.karunadu.gov.in/karigr/about ... ,_2012.pdf
regards,
ravindra kumar hg