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Franking for rent agreement

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 November 2014 Dear Sir's

We have taken 1 floor for rent basis.For that we have paid advance for Rs.100,000/-
( 1 LAKH )and agreed monthly rental for Rs.33750/-.

My question is RENTAL AGREEMENT TO BE EXECUTED THROUGH FRANKING OR Rs.100/- BOND PAPER ENOUGH FOR AGREEMENT.

PLEASE EDUCATE ME IN THIS REGARD...AS PER OUR INDIAN GOVT / LAW RULES...
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
11 November 2014 The Rs 100 stamp paper rent agrements have no legal validity. You need to pay full stamp duty and get the agreement registered too
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
11 November 2014 The Rs 100 stamp paper rent agrements have no legal validity. You need to pay full stamp duty and get the agreement registered too
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