Stamp duty - partnership deed
This query is : Resolved
21 May 2012
THE ASSESSEE PARTNERSHIP FIRM IS REGISTERED IN MAHARASHTRA WITH A CAPITAL OF RS. 10 LAKHS. IT HAD A MINOR AS A PARTNER. THIS MINOR PARTNER HAS NOW BECOME A MAJOR. MY QUESTIONS ARE :-
1] IS THE FIRM REQUIRED TO FILE A FRESH PARTNERSHIP DEED FOR REGISTRATION ?
2] WHAT IS THE STAMP DUTY REQUIRED ?
1] IS THE FIRM REQUIRED TO FILE A FRESH PARTNERSHIP DEED FOR REGISTRATION ?
2] WHAT IS THE STAMP DUTY REQUIRED ?
27 May 2012
Yes. A partnership deed has to be prepared with the major partners. It should be on Rs. 150 Stamp Paper.
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