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Stamp duty is collected on sale agreement or construction agreement or both ?

Q: Guidance value : 65 Lac
Sale Agreement : 20 Lac
Construction Agreement : 69 lac

how would the stamp duty calculated ?

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Replies (1)
1
Service Tax is imposed by the Central Government for under construction property. Though it sounds simple but the calculation of service tax is a bit complicated due to its applicability to various cost heads. It is required to be paid only when you are purchasing a property directly from the developer. You can read more about the same here http://www.quikr.com/homes/blog/bangalore-buying-a-property-know-these-statutory-charges+775
James


2

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