Stamp Duty Payable On Leave And License Agreement In Mumbai

…. 28. It has also been argued that the instrument is not a rental deed, but a simple contract/licence, which falls under Article 5 of Annex 1-B of the Act, under which a fixed stamp duty of the Rs. 10… in the case of a fixed stamp duty of the Rs 10… cannot be considered a lease, but a simple agreement or a license; the Authority does not have the right to summon the same thing to the petitioner and to collect stamp duty. The county magistrate… it is manifestly incompetent and the document is null and void, which cannot be subject to a stamp duty. Notwithstanding the alternative remedy thus available, the Court maintained the petition and… Licensing agreement with Industrial Investment Limited for a period of 33 months, i.e. from 1-3-2002 to 1-12-2004. This leave and licence contract was executed on 28.2.2002. The petitioner paid…

Rs. 1.60,000/- on the leave and licence contract at issue under section 36A, paragraph b), read by Section 36A, paragraph a) (ii) (d) of the Bombay Stamp Act Schedule-I, 1958 (abbreviated “the aforementioned law”). An invitation message was … accordingly, the 10% stamp duty is levied on the deposit, since the instrument in question has been interpreted as a rental contract and not as a holiday and licence contract and, therefore, also on the… Description of a lease or licence when it comes to the issue of stamp duty quesstheis on such a document. 12. The Court itself has looked at the different… A petition. This agreement was executed only on a stamp paper of Rs.100/- The petitioner was designated as the operator, while the defendant company was named in the agreement as the owner. That`s right.

rent, not just a licence. As a result, the application for stamp duty and interest was accepted. 6. Order challenge if passed Shri Dhruv Narain, senior… Stamp duty and/or stamped by the applicant in accordance with the provisions of the Bombay Stamp Act?11. If the defendant proves that the appeal agreement of 17072006 was brought by a … Broadcast of the copyrighted audio recording in the repertoire of the members of the applicant without concluding a voluntary licensing agreement with the defendant`s respective FM applicant… G.S Patel, J.:- proclaimed by consent and included for instructions.2. Expenses were previously framed by (S.J. Kathawalla, J.) on September 17, 2013. A request is made for a…

Leave and license agreement is, whether for one (1) month or for eleven (11) months, is considered 12 months, whether it is 50 sq or more, whether it is housing – trade or industry, it is the same calculation for stamp duty and for registration fees, it is different (for Urban or Rural). Each state in India has its own unique scale to collect stamp taxes, and we have made the computer available to our users to allow them to calculate the stamp duty on holidays and the licensing agreement for the state of Maharashtra. Stamp duty is the tax collected as compensation for the validity of your agreements. Stamp duty for different documents varies from state to state. As a general rule, for leave and licensing agreements, it is up to the licensee/lesser to pay the recommended stamp duty for the contract. In accordance with Article 36 A of the Bombay Stamp Act, 1958, stamp duty for leave and licensing agreements is 0.25% of the tax base calculated under the following formula imposed by the Maharashtra government … Increased value and maintenance of the future right to long-term capital gain, although the transfer of u/s 2 (47) packages took place in accordance with the registered contract and stamp duty paid by the purchaser,2. …

Agreement of 1.8.2008. The duration of the rental is three years. The agreement is signed between the expert and Shri Chetan R. Shah (Chetan). During the duration of this license agreement, the 6.1.2009…. 2.70,000/- were paid after the end of the license agreement. In these circumstances, AO considered the date of the sale agreement on 6.1.2009 is irrelevant date for the calculation of the…