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Expenses for Leave & License Transactions – Residential & Commercial

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Expenses for Leave & License Transactions – Residential & Commercial

Registration Fees: Rs.1000/-

Stamp Duty: Formula to calculate the stamp duty payable on Leave & License Agreement for Residential and Commercial Properties is as follows -

Monthly rental x No. of months = A

Advance rent for the period/non-refundable deposit = B

10% x Refundable deposit x No. of years of the agreement = C

Total amount subject to Stamp Duty = D = A+B+C

Stamp duty = E = 0.25% x D

 We hope this will clarify any queries. In case you wish to enquire further, please feel free to contact us