| This is a State Government tax assessed on the selling price of the property. Each state has different rules and calcuations. Purchaser has to pay stamp duty on sale deeds. In the case of exchanges, both the parties have to pay duty in equal shares. In leases it is payable by lessee. In partitions it is payable by the parties in proportion to their respective shares. In all other cases, the duty is generally payable by the executant's of the document. |