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
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
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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