Stamp Duty On Trademark License Agreement In Mumbai

By on 17 December 2020.

A licensing agreement is a document that is exported between two or more parties and proves the terms of such a contractual license. 5.2 In addition, any public servant may seize these mislabeled instruments if they find out. These seized instruments are to be sent to the collector, who then determines the amount of tax and, if necessary, the penalty to be paid. Each part to an instrument can also submit suo moto an evaluation instrument by the collector u/s 31. …. The petitioner paid the stamp duty of Article 100/- on the instrument in question (MOU) as a certificate of licence, but the stamp authorities considered this instrument to be an act of rental and…. 33.93,500/-, which will be paid by the petitioner.11. Qualified legal advisor furthermore that the nature of the contract describes the stamp duty on an instrument and a… Corporation must pay the necessary stamp duty on this instrument, as it is a lease agreement. He read Section 35(a) (iii) of the Schedule I-B of the Indian Stamp Act… Increased value and maintenance of the future right to long-term capital gain, although the transfer of u/s 2 (47) packages took place in accordance with the registered contract and stamp duty paid by the purchaser,2.

… Agreement of 1.8.2008. The duration of the rental is three years. The agreement is signed between the expert and Shri Chetan R. Shah (Chetan). During the duration of this license agreement, the 6.1.2009…. 2.70,000/- were paid after the end of the license agreement. In these facts, AO considered the date of the agreement for sale namely 6.1.2009 is irrelevant date for the calculation of the holding company… … whether it is a “licensing agreement” or a “lease agreement.” Their Lordships decided to build the terms of the agreement that the agreement was a license and… Question has characteristics of a “licence” but not of a “lease,” and the contract would therefore pay a stamp duty on a license deed under the Stamp Act.24. In our…

and how much stamp duty must be paid by the plaintiffs in the contract under the Indian Stamp Act of 1899 (short for stamp act)9. The Society, empty… To prosecute several people in their affairs and to execute the agreement in their favor. However, the question of the actual nature of the agreement was whether it was a licensing agreement or a lease agreement. Your…, the contract would carry a stamp duty on a license deed under the stamp law. 24. In our opinion, the law that in the case of the new bus association stand Shop Owners Association… Article 5 of Schedule I-A of the Indian Stamp Act, 1899, because the type of agreement is such that it is obliged to pay the stamp duty of Rs.100/- (Rupees One Hundred) only…

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