Which provisions/ Articles of Indian Stamp Act, 1899 attracts Stamp duty in the state of Maharashtra ? The instruments which are not properly stamped are not admitted in evidence. The following Articles of The Indian Stamp Act, 1899 attract Stamp duty in the state of Maharashtra What is meant by execution of instruments ?Įxecution means putting signatures on the instruments by the person/persons executing the instruments.īroadly the 62 articles of Schedule I are grouped in three categories.Ĭategory i) Articles whose amount of Stamp duty is fixed irrespective of the value mentioned in the document / instrument. URBAN IMMOVABLE PROPERTY TAX ACT 1958 PDF EDITOR FREEĪdministration Bond, Adoption deed, Affidavit, Divorce, Appointment in execution of power, Apprenticeship deed, Article of clerkship, Award, Cancellation deed, Charter party, Duplicate, Copy of Extracts, Entry of Memorandum of Marriage, Indemnity Bond, Letter of license, Memorandum of Association of a company, Notarial Act, Power of attorney, etc.)Ĭategory ii) Articles where depending upon the value mentioned in the document, the amount of stamp duty is varied.
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