What is stamp duty payable in respect of lease-cum-sale deeds of site, flat, apartments executed by House Building Co-operative Societies?
Ans: Stamp duty on security deposit is levied in respect of lease cum sale deeds. In respect of sale deeds executed by the House Building Co-operative Societies, in pursuance of lease-cum-sale deeds, deduction of stamp duty will be given to the extent of stamp duty already paid on lease-cum-sale agreement explained in Para a., above.
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