(C) Mad — THE INDIAN STAMP ACT, 1899 (2 of 1899)

1. (C) Mad Words "on the market valua of tie estimatod cost ol the propasad construction/devalopment of -2022 dalod 17.9.2004 Words "on the market valua of tie estimatod cost ol the Such property" subs. by Noliln. S.O. 1/6 1-480/2002-2022 dalod 17.9.2004 ed 8 2.2007 Ins by So 1.M.1-255/2006, 364 dated 8 2.2007 Subs by So 1.M.-169/2012-1026 dated 15.2.2013 (Subs for Rs. 20/- and As, 100/-) 4[Rs. 100/-(One hundred) (a) Rs. 10/- for every 10,000 or part thereof (b) Two Rupees for every one hundred rupees or part thereof '(on the market value of the land/land with building as the case may be], provided that the duty value of the land/land with building as the case may be], provided that the duty paid at the time of such agreement or Memorandum of an Agreement may be set off against the duty to be paid at the time of the sale of such immovable property to the said party. 7("Explanation—For subsequent agreements, relating to construction of a house or building including a multiunit house or building or unit of apartment' flat/portion of a multistoried building or for development/sale of any other immovable property, the stamp duty, if not paid earlier, on such agreements relating to construction of a house or building including a multistoried building or for development/sale of any other immovable property shall be chargeable at the rate as prescribed above in clause (b) subject to a maximum of Rs. 10,000/- (Rupees Ten Thousand)." 4{ Rs. 1000/-(One thousand) (b) If such loan or debt is re-payable within three months from state of such instrument. Explanation: For the purpose of clause (a) of this article, notwithstanding anything contained in any judgment, decree or order of any court or order of any authority, _ any letter, nole, memorandum or writing relating to the deposit of title deeds, whether written or made either before or at any timé when or after the deposil of the title deed is effected, of any, whether it is in respect of the security for the first loan or any additional loan or loans taken subsequently, such letter, 10,000/- but does not exceed Rs. 15,000/- (xi)Whenit exceeds Rs. 15,000/- but does not exceed Rs. 20,000/- (xii)Whenit 71.00 exceeds Rs. 20,000/- but does not exceed Rs. 25,000/- (xiii) When it 85.00 exceeds Rs. 25,000/- but does not exceed Rs. 30,000/-and (xiv) forevery 29.00 15.00 additional Rs. 10,000/- or additional R 10,000/- or part thereof, in excess of Rs. 30,000/- Half the duty payable on a loan or debt under clause (a), for the amount secured. 57.00 29.00 36.00 43.00 19.00 24.00 29.00 10.00 —_—_—_—_——— 1 —_—_— 2 note, memorandum or writing shall in the absence of any separate agreement or memorandum of agreement relating to deposit to such of agreement relating to deposit to such litle deeds, be deemed to be. an instrument, evidencing an agreement relating to the deposit of title deeds. Exemptions: (i) Letter of hypothecation accompanying will or exchange. (ii) Instrument of Pawn or pledge or goods if unattested. Appointment for the purpose of execution of any power (a) Whether of trustees or (b) Whether of property movable or immovable, where made by any writing not being a will. Appraisement or valuation:- Otherwise than under an order of the court in the course of a suit (a) When the amount does not exceed Rs. 1000/- (b) In any other case Exemption: (a) Appraisement or valuation made, on of one party only, (a) Appraisement or valuation made for the information of one party only, being in any manner for the information of on and not being in any manner between parties either by and not being in any obligatory between parties either by ration of law. obligatory betw agreement or operation of law. to be g Apprenticeship deed, including relating to the service Apprenticeship dee every writing relating to the service tion of any apprentice, clerk or every writing relating to the or tuition of any apprentice, clerk or aced with any master to or tuition of any apprentic servant, placed with any master to ofession, trade or servant, placed with a learn any profession, trade or t. lear employment. agr (b) Appraisement of crops for the ascertaining the amount (b) Appraisement of cro purpose of ascertaining the amount to landlord as rent. purpose of ascertaini to be given to landlord as rent. u Exemption: Exempt Instrument of apprenticeship a Magistrate under the Instrument of apprenti executed by a Magistrate under the Act, 1850 (XIX of 1850) executed by a Magistrate Apprentices Act, 1850 (XIX of 1850) which a person Is apprenticed Apprentices Act, 1850 (XIX o or by which a person Is apprenticed (a) Rs. 250/-(Two hundred fifty) (b) Rs. 500/-(Five hundred) (a) The same duty as Bond (No. 15) for such amount. (b) Res. 200/- (Two hundred) Rs. 100/-(One hundred) 1 2 by or at the, charge of any public charity.

Section 1