Section 17 of the Registration Act 1908 makes it compulsory to register a lease Section 17 (1) (d) rental of immovable property from year to year or for a period exceeding one year or the reservation of annual rent; Stamp duty is calculated on the market value of a property, while registration fees are incurred on the cost of documenting your property on the property and are usually lower than stamp duty. Please tell me: who has to pay stamp duty for the registration of a rental deed – the owner or the tenant? Stamp duty must be paid in accordance with section 3 of the Indian Stamp Act, 1899. It is a tax that is paid to the government, much like income tax. Stamp duty must be paid in full and paid on time. If the payment of stamp duty is delayed, a fine is applied. A stamp duty payment instrument or document is considered a legitimate and legal document and can be admitted as evidence in court. Any document that is not properly stamped cannot be admitted as evidence in court. As a rule, stamp duty is paid on the basis of the duration of the contract, the amount of rent, the premium and / or another form of rent and premium, which can be set in the proposed rental agreement. In some Indian states, minimum circle rates have also been set by the respective national governments. In these countries, it is expected that either the specific rent set in the rental agreement or the minimum district rates made available by the Land Government, which will be much higher, will pay stamp duty. Here is a table of stamp duty rates in Gujarat for different documents and agreements. This makes it imperative that real estate requires, from year to year or for a period of more than twelve months, a mandatory registration with the office of the Sub-Registrar of Insurance responsible for the location of the property for rent.
== evidence ====== the tenant and the landlord must be present with two witnesses for the registration of the deed. If all parties are not present together, he/she must sign the power of attorney that gives the agent the authority to sign the agreement. Stamp duty shall be paid in the manner provided for by the stamp laws of the State of India where the immovable property is located for the performance of a rental agreement. . . .