Adjusting stamp duty paid during sale agreement registeration in sale deed registeration(Bangalore)
Hi ,
I bought a flat in Bengaluru,Myself and Builder entered into Sale Agreement and got it registered in Sub Registrar office after paying stamp duty of .001 percent of total sale consideration.
Thereafter, I applied for home loan and submitted sale agreement to bank based on which bank disbursed the total remaining amount.
Now , We need to go for Sale Deed registeration and builder is asking to bring original sale agreement to claim deduction of stamp duty amount already paid during sale agreement registeration but bank may not release original sale agreement as they have disbursed the amount based on that
My queries wrt above are:
1.Why do we need to pay stamp duty again because registrar office will have records of registered sale agreement which can be retrieved on submitting photocopy of Sale agreement ?
2.Will original sale agreement along with terms and condition be valid if i pay full stamp duty during sale deed registeration not claiming deduction of .001 percent already paid ?
Looking forward to your expert opinion on above queries.
Asked 5 years ago in Property Law
Religion: Hindu