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 ?

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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