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Patta (Hindi: पट्टा) is a type of land deed issued by the government to an individual or organization. The term is used in India [1] and certain other parts of South Asia for a small piece of land, granted by the government to an approved cultivator with a land revenue exemption.
By subsequent legislation, these duties have been separated and the Directorate of Registration and Stamp Revenue controls and supervises the registration offices of the State under Judicial Department up to 1993 with the help of a band of officers in different hierarchy for registration of the deeds and for maintaining the records of ...
e-Stamping is a computer-based application and a secured way of paying non-judicial stamp duty to the government. e-Stamping is currently operational in the states of Odisha, Haryana, Gujarat, Karnataka, NCR Delhi, Bihar, Assam, Tamil Nadu, Rajasthan, Himachal Pradesh, Andhra Pradesh, Uttarakhand, and the union territories of Dadra & Nagar Haveli, Daman & Diu Puducherry, Jharkhand and Uttar ...
The closing (also called the completion or settlement) is the final step in executing a real estate transaction. It is the last step in purchasing and financing a property. [ 1 ] On the closing day, ownership of the property is transferred from the seller to the buyer.
Stamp Duty Land Tax" (SDLT), a new transfer tax derived from stamp duty, was introduced for land and property transactions from 1 December 2003. SDLT is not a stamp duty, but a form of self-assessed transfer tax charged on "land transactions". On 24 March 2010, Chancellor Alistair Darling introduced two significant changes to UK Stamp Duty Land ...
The Indian Stamp Act of 1899 (2 of 1899), is an in-force Act of the Government of India for the charging of stamp duty on instruments recording transactions. [ 1 ] A India Rs. 2 stamped paper charged under the act in 1952
The Income Tax Department of India specifies the use of the Form and various rules and regulations are associated with it. The Income Tax Act, 1961, and the Income Tax Rules, 1962, govern the process of filing Income Tax Returns in India. Form 3CE is a part of this process and is an Audit Report format and is required by Section 44DA. [24]
A 1951 hundi of Bombay Province for Rs 2500 with a pre-printed 6a revenue stamp. India has been a very heavy user of stamped paper, both before and after independence. In addition, hundis, an alternative money transmission system widely used in the Indian sub-continent, often bear a pre-printed revenue stamp. [5]