Rate of stamp duty in delhi

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poonam malpani (Querist)
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07 December 2011 Dear All

Please resolve my query
what is the rate of stamp duty on assignment of debt in new delhi.
kindly resolve it at the earliest as it is very urgent. and please provide me the delhi stamp act

i am looking for the answer.....

CS Suraj Arora

CS Suraj Arora (Expert)
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07 December 2011 Dear Poonam

Please take note that in Article 1 of the Delhi Stamp Act , Stamp duty for the Acknowdgement of Debt is Prescribed and the same is reproduced herein for your reference:-

ACKNOWLEDGEMENT of a debt exceeding twenty
rupees in amount or value, written or signed by or on
behalf of a debtor in order to supply evidence of such
debt in any book (other than a banker’s Pass Book)
or on a separate piece of paper when such book or
paper is left in the creditors possession.
PROVIDED that such acknowledgement does not
contain any promise to pay the debt or any
stipulation to pay interest or to deliver any goods or
other property

Rate applicable One rupee

I hope your Query is Solved by this.

poonam malpani

poonam malpani (Querist)
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13 December 2011
Dear Suraj Sir

Thanks for reply but this is not the exact answer for which i am looking for . the rate of stamp duty on assignment debt in new delhi is 0.1%

but is this rate applicable on purchase consideration or on amount of loan transfer. if you have any article regarding this then kindly send it on my email id: cspoonam908@gmail.com please

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