What is the validity of non judicial stamp paper?

What is the validity of non judicial stamp paper?

The stamp paper do not have any EXPIRY period. The stipulation period of 6 months is only for seeking refund of the value of the Stamp paper and NOT of it’s use. There is no IMPEDIMENT FOR A STAMP PAPER PURCHASED MORE THAN 6 MONTHS PRIOR TO THE DATE OF EXECUTION TO BE USED FOR DOCUMENTATION.

What is stamp paper size?

Stamp paper is a foolscap-size blank paper that is printed with a revenue stamp-like currency notes or postal stamps. It’s issued by the Government and carries a stamp paper value of Rs. 10, Rs. 20, Rs.

Is Rs 100 paper stamp necessary?

Agreements made on white paper are valid. so an agreement made on 100 rupees stamp paper can surely be valid if it fulfills all other conditions under the law and as per the law. But, if the agreement requires to be stamped and registered then it cannot be used as an evidence of proof before a Court of law.

How many types of stamp paper are there?

14 different varieties

Why do we use stamp paper?

Uses. Stamped paper has been widely used around the world to collect taxes on documents requiring stamping, such as leases, agreements, receipts, court documents and many others. This is an efficient way of collecting taxes and stamping documents without the need to submit them to a separate government stamp office.

Can a non judicial stamp paper be purchased in the name of lawyer?

Any one can buy it from notary public. it is not mandatory that only holder can buy it. it is mandatory that holder’s name must be written in the back side of stamp paper.

Is MOU required on stamp paper?

Stamp Duty on MOU: Normally, no stamp duty is payable on MOU. However, if the MOU incorporates an agreement to purchase immovable property worth more than Rs. 100/- and if you need to produce it in the court, it should be stamped.

How do you determine the value of stamp paper?

The market value of the property determines the amount your to be charged for stamp duty which is often calculated as a percentage of the market value. You are certain to pay less in terms of stamp duty for an old building as you would for a new one.

What is the difference between stamp paper and stamp duty?

The main difference between the two is that stamp duty is a type of tax that indicate the documents are official and legal while franking is a process that indicates any charges or taxes, such as the stamp duty on those documents has been paid. To execute the Sale Deed it has to be on a stamp paper.

What is non judicial stamp?

Stamp papers which would be used in courts like for payment of court fees is Judicial stamp paper. Stamp papers which would be used for execution of documents are called non judicial stamp papers. Something which has relation to the administration of justice, judicial papers/stamps are used.

What is the use of 20 RS stamp paper?

Customarily, a stamp paper of Rs 20 – Rs 100 can be utilized for a rent agreement of an 11-month duration.

What is the use of 50 RS stamp paper?

Stamp Paper of Rs. 50 for General Power of Attorney/Agreement. Stamp Paper of Rs. 100 for Indemnity Bond, Guarantee Bond.

What is the use of 10 RS stamp paper?

Rupees ten stamp paper is for affidavits and declarations only.

Where can I get 20 RS stamp paper in Chennai?

Stamp Papers Chennai

• Rouf Basha A. 4.3. 89 Ratings.
• M Kailash Chand Stamp Vendor. 4.4. 63 Ratings.
• Meenakshi Traders. 4.1. 36 Ratings.
• M Ganapathy Stamp Vendor. 4.1. 33 Ratings.
• Sri Ram Stamp Papers And Court Fee Stamp. 4.3. 29 Ratings.
• Janani Realty Services. 3.9. 28 Ratings.
• Anugraha Associates. 4.1. 18 Ratings.
• Sky Paper Mart. 4.1.

Where can I get non-judicial stamp paper in Chennai?

• The Non-Judicial Stamp papers can be purchased from the Licensed Stamp Vendors.
• The Stamp papers of lower denomination of Rs.
• Superintendent of Stamps, Chennai. is the authority to place the Indent to the above Presses.
• The Revenue Stamps can be purchased from the Post-Offices.
• For the value exceeds Rs.

How do stamp vendors make profit?

Vendors deposit money with SHCIL against which they are allowed to print the stamps. When e-stamps are generated, the corresponding amount is deducted from the vendor’s balance, and when it is exhausted the vendor recharges the account online.

What is the validity of stamp paper in Tamil Nadu?

six months

How long is an agreement valid?

three years

Can I make rent agreement from back date?

Yes you can do it if both the parties are agreed for the same. See you can make agreement from past date mentioning that you and tenant orally agreed these condition and now you are reducing same in writing the agreement validity period can be mentioned.

Can we use whitener on stamp paper?

Yes you can use a whitener and correct the date on the stamp paper. Affix your signature near the correction thereby acknowledging the same.