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The MAHARASHTRA STAMP DETERMINATION of TRUE MARKET VALUE of Form

The MAHARASHTRA STAMP DETERMINATION of TRUE MARKET VALUE of Form

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hello friends welcome to our channel the real asset recently there has been an important change in the stamp duty for the resale properties in maharashtra what is the change let us understand with an example let us assume that on the 1st of june 2021 mr x has purchased a property the price of the property is rupees 50 lakhs he also pays the stamp duty at the time of purchase which amounts to rupees 3 lakhs later mr x decides to sell this property at rupees 60 lakhs to mr y now we will have to decide the amount of stamp duty to be paid to the government what will be that amount there are two scenarios scenario 1 if property holding period of mr x is greater than 3 years then the total amount of stamp duty will be 60 lakhs into 6 that is 3.6 lakhs scenario 2 if the property holding period of mr x is less than 3 years then the total amount of stamp duty will be charged only on the difference amount that is 10 lakhs into 6 which comes to 60 000 only you for watching this video for more upd

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