The Indian Stamp (Delhi Amendment) Act, 2007

Tax20072 sections

The Indian Stamp (Delhi Amendment) Act, 2007 modifies the existing Indian Stamp Act of 1899 as it applies specifically within the National Capital Territory of Delhi. This legislation updates the rates and rules governing stamp duty on conveyances, which are the legal documents used to transfer property ownership between parties. It applies to individuals, businesses, and organizations executing property sale deeds or conveyance instruments in Delhi. By substituting Article 23 of Schedule 1-A, the Act alters the mandatory revenue payable to the local government during property transactions, directly impacting the legal costs associated with buying and selling real estate in the capital.

Start reading →Read full ActSections

1. Short title, extent and commencement.
2. Amendment to the Indian Stamp Act, 1899

PDF: pending for this language.