Revision of Stamp Duty in Tamilnadu State w.e.f 03.05.2024
DESCRIPTION OF INSTRUMENT | Article | EXISTING STAMP DUTY (Rs.) | REVISED STAMP DUTY (Rs.) |
Adoption | 3 | 100 | 1000 |
Affidavit | 4 | 20 | 200 |
Agreement (Not otherwise provided for) | 5(j) | 20 | 200 |
Articles of Association | 10 | 300 | 500 for every 10 Lakhs on authorized capital Max.Rs.5 Lakhs |
Cancellation | 17 | 50 | 1000 |
Copy or Extract | 24 | 20 | 100 |
Counterpart or Duplicate | 25 | 20 | 500 |
Lease | 35 | Security deposit whether repayable or not included | |
Memorandum of Association | 39 | 200 or 500 | 200 |
Partition Non family | 45(b) | 4% on value of Separated share | 4% on market value of Separated share |
Explanation to 45 46B, 55 | Family shall include legal heir of deceased family member | ||
Partnership | 46A | 300 | 1000 |
POA | 48 (a) | 5 | 500 |
48 (b) | 15 | 500 | |
48 (C) | 100 | 1000 | |
48(d) | 175 | 1000 |
POA to sell immovable property for consideration | 48(e) | 4% on consideration | 4% on market value |
POA to sell immovable property in favour of family member | 48 (f) | -- | 1000 |
POA to sell immovable property in favour of person who is not a family member | 48(g) | -- | 1% on market value of property |
Reconveyance of Mortgaged Property | 54 | 80 | 1000 |
Security Bond | 57 | 80 | 500 |
Revocation of Settlement | 58(b) | 80 | 1000 |
Surrender of lease | 61 | 40 | 1000 |
Transfer between Trustee to Trustee or Beneficiary of same Trust | 62 (e) | 30 | 1000 |
Declaration of Trust | 64 (a) | 180 | 1000 |
Revocation of Trust | 64(b) 120 | 120 | 1000 |
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