Stamp Duty and Registeration Charges on Property

In this article I will be writing about the stamp duty and registration charges associated with the property purchase. Many of our readers have doubts on the same and posted in the comments. I feel this article will answer some of the queries posted by our readers. If you have any doubts, please post it in the comments section. If you like the article, get the free email updates. Also please join our facebook fans page.

Stamp Duty & Registration Charges

Stamp duty indicates a form of tax that is imposed on documents. Traditionally, a physical stamp – tax stamp, needed to be part of the document to assert its legal validity.

It is vary for each state. For example, in Tamil Nadu govt. charges 8% of the property value as the stamp duty. This ensures that the document, which lays your claim to the property is legally valid.

If you have not paid the stamp duty for your property, the documents become invalid. It can not be shows as the proof for the ownership. It is good to pay the stamp duty without any problem.

Registration charges are associated with the property purchase. Normally 1% of the property value will be paid as the registration charges.

Tax Exemption

Stamp Duty and registration charges are added to the principal amount of the home loans. Hence, you can claim in the principal repayment of the home loans. This question is asked by many of our readers. Note that, it is treated as the principal of the home loans. It will be coming under the maximum limit of Rs.1000000.

Summary

I hope this article is useful for those who want to learn about the stamp duty for the property. If you have any doubts, please post it in the comments section.

Subscribe to our future articles here.
email

Comments

  1. Sunil says

    Hello Great article but not a detail one,pls post a topic on what care should be taken before and after buying a flat..

  2. premkumar says

    i have formed one trust.now i want to buy one land and building property. can i have exemption in stamp duty because of my trust nature

  3. madhuri kanchan says

    Please suggest me if i am buying one property i.e. cost is 13,00,000 at naigaon so what would be thr stamp duty & registration charges i need to pay in how many days it will take time to complete the process.

  4. Mani says

    Thanks for the information!

    I work in Gurgaon. I have bought a land in my hometown. The land is in the name of my wife. She is a housewife.
    Can i avail tax benefit on the stamp duty and registration charges given in the purchase?

    Thanks in advance.

  5. Mr. Subash Gupta says

    I had purchase property on 6/2/1993 for Rs. 75 lacs and stamp duty paid in ammunity scheme of Rs. 699000. How to get the document registered and the amount to be paid.

  6. srikant panigrahi says

    Hi, Everybody,

    I have query regarding my underconstruction Flat booked in June-2010, The Building is under Construction which probably get finish in Dec-2013.

    My Agreement Value is 15,50,000.00 & I paid Stamp Duty + Registration Fees paid 1,10,230.00 in July-2011.

    here my question is, can I claim Stamp Duty + Registration Fees for Tax deduction A.Y. 2012-13 ?

    Kindly advice, Thanks in advance.
    Srikant Panigrahi
    9176296926

  7. anurudra says

    Is there is a consession for stamp duty & registration fees for 2nd agreement within one month or one year for the same flat.

  8. V K SUBRAMANIAN says

    I HAVE PURCHASED A FLAT IN ARUN EXCELLO ORGADAM SITE.LOAN APPLIED WITH STATE BANK OF INDIA. PAID RS.20190 DEMAND DRAFT SUB REGISTRAR, SUNKUVARCHARTRAM, KANCHEEPURAM FOR THE LOAN AMOUNT RS.20.10 LACS AND REGN FEES RS.10100/- IS IT OK.PLEASE ADVISE

  9. Dharmendra kumar kushwaha says

    i have purchased a plot in my own name in lucknow. can i get exemption of stamp duty & registration charges paid. and under which IT rule. plz give detailed information.
    thanks

  10. Ganz says

    Hi ,

    I have purchased a land for which i have paid some amount for stamp duty. Can i claim that amount for tax exemption??

    Thank you in advance..

  11. Sudha says

    Hi,

    One of my colleague paid stamp duty & registration charges of Rs 45,000/- in Nov’11. Whether this can be taken for tax exemption u/s 80c for this FY 2011-12

    Thanks

  12. says

    Yes. you can claim in the same year. But, if you are staying in that house(means taking possession) this year, otherwise you can not claim it.

    Thanks,
    Krishna

  13. Shubham says

    Dear Sir,

    I have paid stamp duty and registration on 21st april 2011. My possassion is in dec2012 or 2013.

    Pl suggest how can I avail tax benefit for this amount.

  14. Dharmendra kumar kushwaha says

    i have purchased a plot in my own name in lucknow. can i get exemption of stamp duty & registration charges paid.
    I have not taken home loan. Please give specific answer to avoid confusion
    thanks

  15. Prabhu Murugesan says

    I heard that from Jan 2012 stamp duty fees is going to increase in tamilnadu. Could you please clarify us about how much they are going to increase or is it a hoax message.Kind request please reply asap.

  16. naresh kumar says

    i m going to buy a flat from my friend,which is bought by my friend 10 months before.i want to know wat will be the registration fees for me . if i register the flat after 3 months.

  17. ijes says

    I had purchased a commercial property 20 years ago but stamp duty registration was missed out. Please help me know how to go about now ? and how much penalty will I have to pay (in maharashtra)? How is the valuation done ?

  18. Sudeep says

    Hi,

    Would like to know that what will be d total cost of registration of a house worth Rs.40,00000/-
    The stamp duty and registration charges + anything extras if any?

    Regards
    Sudeep

  19. Akash Agarwal says

    Hello Sir,

    I have purchased a land in current financial year (2011-2012). I am salaried person. Could I get tax benifit in stamp duty? If yes then under which section?

  20. n.venkatarajan says

    I heard that from Jan 2012 stamp duty fees is going to increase in tamilnadu. Could you please clarify us about how much they are going to increase or is it a hoax message.Kind request please reply asap.also please which date it will be increase thanx

  21. Hariharan says

    i have bought 1500 s.f empty plot land. for that i have spend almost rs 18000 for stamp & registration.

    Please advise can i get tax exemption for this deal.

  22. KP Singh says

    Sir, I am a defence person, i want to purchase a plot at Bareilly in UP. Can I have exemption in stamp duty and registration fee

  23. r muthukumar says

    i have purchased a flat under construction and will be completed in the
    october 2012. i have incurred rs.40000/ as stamp and registration charges
    for uds registration on feb 2012. whether i can claim exemption for stamp
    charges under section 80c in the financial year 2011-2012. because it is incurred during financial year 2011-2012

    kindly clarify

  24. teerthsh jain says

    hi..m purchasing a land cost around 700000 in madhya pradesh. please advice me how much is the registration fee.and is there any rebate for senior citizen female.

    please advice

  25. Murugan says

    I purched land in viruthunagar, and registred my father name. Now I want to change to my name, Is there any registration charge for this case

  26. Deepak Tripahi says

    I wish to purchase land in Gwalior (MP) for Amountinf Rs 7,00,000 (Rs Seven Lacs) hw much registration fees to be paid for registration land in my name.

  27. Deepak Tripahi says

    I wish to purchase land in Gwalior (MP) for Amountinf Rs 7,00,000 (Rs Seven Lacs) hw much registration fees to be paid for registration land in my name. If i can regitration first name is female so i benifit or same stamp dult in MP

  28. shashank says

    I am salaried person. I want to buy a land in my hometown. Can I get tax benifit in stamp duty? Can i avail tax benefit on the stamp duty and registration charges for this purchase? If yes then under which section?

    if the land will be the name of my wife who is a housewife then can i get any benifit.

  29. SABAPATHI says

    A property located at Madurai, common to me and wife by virtue of sale deed registered jointly in the name of both of us. Now I want to partition the same property by equal share to my wife and to me, by means of partition deed. It is possible to register the Partition deed. And if so how much is the stamp duty and registeration charges to be paid for the said registeration. And if it is not possible please give me the alternative procedure to effect the partition.

  30. Santhosh Kumar says

    Sir kindly give us a registeration fee and stamp duty for our resale flat in lokmanya nagar mhada flat purcased on 2004 kindly give us the flat rates calculation
    do the needful as early as possible
    thanking you
    santhosh

  31. Jatin Shah says

    Can I get tax Exemption of Stamp Duty / registration fee [house purchase in June’2011] in the current Year ? Against which Section it will be benefited ? as I have Home loan & get above 1,00,000 tax Exemption under 80C.

    Waiting for your valuable reply.

  32. Srinivasa R says

    Dear Kirshna Sir,

    I am requesting on behalf of a charitable organization, we are planning to buy a property, can you please give a guidance with regard to the Stamp Duty Exemption provided for charitable organization and process to get it.

    Kindly share you contact number too for future contact.

    With Regards,
    Srinivasa.R

    • says

      Hello Srinivasa,

      The exemption is applicable only for houses. The rules could be different for the NGOs. Please talk to a consultant.

      Thanks,
      Krishna

  33. Jaffer says

    Wat is the percentage of documents charges for registration of land worth 10 lakhs please send me

    Looking for Bussiness oppoutunity

    Email : ameerjaffer007@gmail.com

    Mob : 0091-9500261216 (India)
    : 00971-55-9828254(Dubai)

    • GABRIEL says

      can a trust/ foundation registered in bombay under the bombay trust act avail stamp exemption in respect of a land in west bengal

Leave a Reply