Stamp Duty On Loan Agreement In Jharkhand

So far, stamp duty and GST are separate fees levied on the sale of real estate and, as such, have no impact on the other. Yes, stamp duty can be claimed as a tax deduction in accordance with Section 80C of the Income Tax Act, up to a limit of 1,50,000. Online stamp duty payment method: You can also pay stamp duty online through the official website of Stockholding Corporation of India. The process to pay the fee online is convenient and you need to fill in the details such as the state in which your property is located and fill out the application form. The form is then submitted to the collection centre along with the necessary resources. After payment, an e-stamp certificate with a unique identification number (UIN) will be issued to you. The cost of stamp duty is usually 5-7% of the market value of the property. Regardless of gender, those who buy real estate in Ranchi will have to pay together 7% of the value of the agreement in stamp duty and registration fees…

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