Panchayat:Repo18/Law Manual Page0267 - Revision history

Animon at 04:19, 25 January 2019

2019-01-25T04:19:08Z

← Older revision		Revision as of 04:19, 25 January 2019
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	(c) assignment on lease of immovable property for more than five years but not exceeding ten years -- The same stamp duty on a sale deed items 21 or 22, as the case may be, of the Schedule to the Kerala Stamp Act, 1959) for a consideration equal to the average of lease amount fixed for an year.		(c) assignment on lease of immovable property for more than five years but not exceeding ten years -- The same stamp duty on a sale deed items 21 or 22, as the case may be, of the Schedule to the Kerala Stamp Act, 1959) for a consideration equal to the average of lease amount fixed for an year.

	(d) assignment on lease of immovable property exceeding ten years but not being a perpetual lease --		(d) assignment on lease of immovable property exceeding ten years but not being a perpetual lease -- If the lease is subsisting for a very long period the same stamp duty as on a sale deed (item 21 or 22, as the case may be, of the Kerala Stamp Act, 1959) for a consideration equal to three times the average yearly lease amount or price remitted or paid for the first ten years.
	If the lease is subsisting for a very long period the same stamp duty as on a sale deed (item 21 or 22, as the case may be, of the Kerala Stamp Act, 1959) for a consideration equal to three times the average yearly lease amount or price remitted or paid for the first ten years.

	(e) perpetual lease of immovable property Total amount of lease remitted or paid during the first fifty years, as shown in the instrument].		(e) perpetual lease of immovable property Total amount of lease remitted or paid during the first fifty years, as shown in the instrument].

Animon at 04:17, 25 January 2019

2019-01-25T04:17:42Z

← Older revision		Revision as of 04:17, 25 January 2019
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	54[(v)(a) assignment on lease of ~~the~~ same stamp duty on a bottomry bond ~~immovable property for more than~~ (item 14 of the Schedule to the Kerala Stamp ~~one year.~~		54[(v)(a) assignment on lease of immovable property for more thanone year. -- The same stamp duty on a bottomry bond (item 14 of the Schedule to the Kerala Stamp Act, 1959) which may be remitted or payable
	Act, 1959) which may be remitted or payable		as per the lease deed.
	as per the lease deed. (b) assignment on lease of ~~the~~ same stamp duty on a bottomry bond ~~immovable property for not less~~ (item 14 of the Schedule to the Kerala StampAct, ~~than one year but not more than~~ 1959) on one year's average lease amount or ~~five years~~
	price fixed. (c) assignment on lease of The same stamp duty on a sale deed items ~~immovable property for more~~ 21 or 22, as the case may be, of the Schedule ~~than five years but not~~		(b) assignment on lease of immovable property for not less than one year but not more than five years -- The same stamp duty on a bottomry bond (item 14 of the Schedule to the Kerala StampAct, 1959) on one year's average lease amount or price fixed.
	to the Kerala Stamp Act, 1959) for a ~~exceeding ten years~~
	consideration equal to the average of lease		(c) assignment on lease of immovable property for more than five years but not exceeding ten years -- The same stamp duty on a sale deed items 21 or 22, as the case may be, of the Schedule to the Kerala Stamp Act, 1959) for a consideration equal to the average of lease amount fixed for an year.
	amount fixed for an year. (d) assignment on lease of If the lease is subsisting for a very long ~~immovable property~~
	period the same stamp duty as on a sale ~~exceeding ten years~~		(d) assignment on lease of immovable property exceeding ten years but not being a perpetual lease --
	deed (item 21 or 22, as the case may be, of the ~~but not being a perpetual lease~~ Kerala Stamp Act, 1959) for a consideration		If the lease is subsisting for a very long period the same stamp duty as on a sale deed (item 21 or 22, as the case may be, of the Kerala Stamp Act, 1959) for a consideration equal to three times the average yearly lease amount or price remitted or paid for the first ten years.
	equal to three times the average yearly lease amount or price remitted or paid for the first
	ten years. (e) perpetual lease of ~~immo~~ Total amount of lease remitted or paid during ~~vable property~~		(e) perpetual lease of immovable property Total amount of lease remitted or paid during the first fifty years, as shown in the instrument].
	the first fifty years, as shown in the instrument]. (vi) Release, that is to say, any ~~The amount or value as set forth in the~~ instrument whereby a person ~~released deed.~~ renounces a claim upon another person or against any specified ~~pecifieds~~
	~~South~~ property when such release does not operate in favour of his or her spouse or children. (2) On the introduction of the duty as aforesaid, -		(vi) Release, that is to say, any instrument whereby a person renounces a claim upon another person or against any specified property when such release does not operate in favour of his or her spouse or children. --- The amount or value as set forth in the released deed.

			(2) On the introduction of the duty as aforesaid, -

	(a) section 28 of the Kerala Stamp Act, 1959 shall be read as if it specifically required the particulars to be set forth separately in respect of property situated in the area under the jurisdiction of a Village Panchayat and in respect of property situated outside such area; and		(a) section 28 of the Kerala Stamp Act, 1959 shall be read as if it specifically required the particulars to be set forth separately in respect of property situated in the area under the jurisdiction of a Village Panchayat and in respect of property situated outside such area; and

	(b) section 62 of the Kerala Stamp Act, 1959, shall be read as if it referred to the Village Panchayat as well as Government.		(b) section 62 of the Kerala Stamp Act, 1959, shall be read as if it referred to the Village Panchayat as well as Government.

	(3) The Government may make rules not inconsistent with this Act for regulating the collection of the duty, the payment thereof to the Village Panchayat and the deduction of any expenses incurred by the Government in the collection thereof.		(3) The Government may make rules not inconsistent with this Act for regulating the collection of the duty, the payment thereof to the Village Panchayat and the deduction of any expenses incurred by the Government in the collection thereof.

	(4) The amounts collected in all the Village Panchayats in the State as duty on transfer of property under this section shall be pooled every year for the entire State and		(4) The amounts collected in all the Village Panchayats in the State as duty on transfer of property under this section shall be pooled every year for the entire State and
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Animon: '54[(v)(a) assignment on lease of the same stamp duty on a bottomry bond immovable property for more than (item 14 of the S...' താൾ സൃഷ്ടിച്ചിരിക്കുന്നു

2019-01-25T04:07:45Z

'54[(v)(a) assignment on lease of the same stamp duty on a bottomry bond immovable property for more than (item 14 of the S...' താൾ സൃഷ്ടിച്ചിരിക്കുന്നു

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54[(v)(a) assignment on lease of the same stamp duty on a bottomry bond immovable property for more than (item 14 of the Schedule to the Kerala Stamp one year.
Act, 1959) which may be remitted or payable
as per the lease deed. (b) assignment on lease of the same stamp duty on a bottomry bond immovable property for not less (item 14 of the Schedule to the Kerala StampAct, than one year but not more than 1959) on one year's average lease amount or five years
price fixed. (c) assignment on lease of The same stamp duty on a sale deed items immovable property for more 21 or 22, as the case may be, of the Schedule than five years but not
to the Kerala Stamp Act, 1959) for a exceeding ten years
consideration equal to the average of lease
amount fixed for an year. (d) assignment on lease of If the lease is subsisting for a very long immovable property
period the same stamp duty as on a sale exceeding ten years
deed (item 21 or 22, as the case may be, of the but not being a perpetual lease Kerala Stamp Act, 1959) for a consideration
equal to three times the average yearly lease amount or price remitted or paid for the first
ten years. (e) perpetual lease of immo Total amount of lease remitted or paid during vable property
the first fifty years, as shown in the instrument]. (vi) Release, that is to say, any The amount or value as set forth in the instrument whereby a person released deed. renounces a claim upon another person or against any specified pecifieds
South property when such release does not operate in favour of his or her spouse or children. (2) On the introduction of the duty as aforesaid, -
(a) section 28 of the Kerala Stamp Act, 1959 shall be read as if it specifically required the particulars to be set forth separately in respect of property situated in the area under the jurisdiction of a Village Panchayat and in respect of property situated outside such area; and
(b) section 62 of the Kerala Stamp Act, 1959, shall be read as if it referred to the Village Panchayat as well as Government.
(3) The Government may make rules not inconsistent with this Act for regulating the collection of the duty, the payment thereof to the Village Panchayat and the deduction of any expenses incurred by the Government in the collection thereof.
(4) The amounts collected in all the Village Panchayats in the State as duty on transfer of property under this section shall be pooled every year for the entire State and
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