4.2 The instrument that is only executed from Maharashtra can be stamped within three months of the first reception in India. The sale agreement is considered a “promotion.” In the case where a transport is carried out with the requirements of paragraph 35 of the Stamp Act, if not is a deed of sale the most important legal document by which a seller transfers his property right to the buyer, who then acquires the absolute ownership of the property. “Any sales contract that is not a registered promotion (nature of sale) would fall short of the provisions of section 54 and 55 of the Transfer of Ownership Act and would not confer ownership and would not transfer any right to purchase property (except for the limited right granted under Section 53A of the Transfer of Ownership Act).” “Locked-in property can only be transferred by a transport permit (deed of sale), duly stamped and registered legally. We therefore assert that goods can only be transferred/transported legally and legally through a registered transport obligation. And for the second type, that is, the agreements that justify the delivery of the past, stamp duty is liable as a “sale” according to the aforementioned statement. 4 It thus follows from the above reservation that an unreged written document, which has an impact on the land and must be registered, may also be received as evidence. Therefore, the dismissal of the appeal is not tenable. However, the receipt of an unregant document is not automatic with respect to Section 35 of the Indian Stamp Act, 1899. In accordance with Section 35 of the Stamps Act, the document cannot be considered as collateral unless stamp duty and penalty are paid. The same can be paid for before the document is marked. 13. Article 6 of Schedule 1A deals with stamp duty due on an “agreement or agreement” and clause (B) of which it is an agreement or 1 This complaint is directed against the Docket Regulation of 07.08.2003, The trial court rejected the applicant`s application on the grounds that the purchase agreement of 14.03.2001, which is a document of appeal, was not registered in accordance with Section 17 (1) g) of the Registration Act 1908 (short for “The Law”). 4.4 In addition, s.14 prohibits the letter of a second taxable instrument on a stamp on which a taxable instrument has already been written. Since the transfer under the agreement is the sale of a business as a whole, it cannot be explicitly equated with the sale of personal property or real estate.
The IS Act and the state stamp laws do not contain specific provisions regarding the collection of taxes on a transfer agreement of “transactions” as such. It is therefore imperative that each asset proposed to be transferred to the purchaser be identified individually as mobile or immobile for stamp duty purposes. The collection of stamp duty depends on the state in which the agreement is executed. For clarity, we should examine the impact of stamp duty on a BTA under central legislation and some national legislation.