- Can i download e stamp paper registration#
- Can i download e stamp paper code#
- Can i download e stamp paper professional#
For instance, it has tied up with Corporation Bank in New Delhi for direct transaction. It has also tied up with banks for cash transfers. Under the current network, SHCIL has branches all over the country. This includes the execution of the sale deed." However, the deal size determines the processing fee. Khatri says, “Lawyers generally charge Rs10,000-30,000. This depends upon the nature of property and deal size." The lawyers will charge the applicant as per his standards. Since lawyers understand the legal proceedings and prepare the sale deed, it is convenient for them to get the papers registered within a few days. Says Diwan: “Most people may not understand the working of a sub-registrar’s office. This number should be used for any further query regarding your sale deed papers and other related documents lying at the sub-registrar’s office." Says Khatri, “The clerk at this stage will give you a diary number and a book number.
Can i download e stamp paper registration#
The clerk will then give you a particular date when you can go to the office and collect your registered documents along with the registration certificate."Īll sub-registrar offices maintains records of their areas.
Once you get the certificate, you can fill the application form in a sub-registrar’s office and submit it at the counter. By showing your UTR code, you can procure the e-stamp from the bank branch, which is like a certificate.
Can i download e stamp paper code#
Says Vikram Diwan, Diwan and Co., a law firm that handles property-related cases: “The UTR code is a proof that you have submitted cash. Once the cash gets credited into SHCIL’s account, you will get a unique transaction reference (UTR) number, or UTR code. The payment is done electronically through real-time gross settlement. Once you know the amount, walk into the nearest bank branch and deposit the amount in cash or cheque or a demand draft in favour of SHCIL. Supreme Court lawyer Sunder Khatri says, “E-stamping, as it is called, has replaced the old method of submitting stamp duty through buying stamp papers."Īll you need to know is the amount of stamp duty applicable on your property. You just deal with the lawyers at the time of registering the sale deed and pay him according to the size of the deal. Now there are no stamp papers involved, which means there is no interface with brokers. The prevailing system of physical stamp paper is being replaced by the e-stamping system," says the SHCIL website. “E-stamping is a computer based application and a secured electronic way of stamping documents. of India Ltd (SHCIL) to act as a central record-keeping agency to facilitate e-stamping through its various branches and banks across the country.
Can i download e stamp paper professional#
However, the ministry of finance’s department of economic affairs has made the task easier by giving the process into professional hands. Fake stamp papers worth around Rs30,000 crore had been sold across seven states, including Maharashtra, Uttar Pradesh and Andhra Pradesh. The Telgi scam, which rocked the nation between 19, is a case in point. Cases of cheating, overcharging and fraud were rampant. Since the procedure involved a lot of paperwork in terms of buying physical non-judicial stamp papers, signing each of the sheets, people relied on brokers and agents to get the work done. While things used to get done even earlier, there were no standards that people could look at. Registration of property reduces the chances of fraud on property title." Second, this helps in keeping property records.
First, the government recovers revenue by collecting stamp duty. Says senior Supreme Court lawyer Arun Mohan, “Stamp duty has two purposes. So he got his broker to pay the stamp duty on his behalf and hired a lawyer to take the registering process further.įiling of stamp duty and, subsequently, registering the sale deed is a must for anyone who takes possession of a house.
Initially, Singh, too, tried to do it on his own but he realized very soon that it was not possible for him to spare so much time and energy. To avoid all this, typically, people go through brokers and hire lawyers at the time of registering to get it over in a day or two.
If you get into the process of paying the stamp duty in person, which involves buying a stamp paper from the court and standing in long queues, you may have to keep coming back, perhaps for a month or so, to complete the process.
0 kommentar(er)
