Miscellaneous
Revision of Stamp Duty in Tamil Nadu Effective from May 3, 2024
Revision of Stamp Duty in Tamil Nadu Effective from May 3, 2024
The Government of Tamil Nadu has revised the stamp duty rates for various instruments under the TN Act 13/2024, effective from May 3, 2024. Below is the detailed list of the revised stamp duty rates:
Description of Instrument and Revised Stamp Duty
| Description of Instrument | Article | Existing Stamp Duty (Rs.) | Revised Stamp Duty (Rs.) |
|---|---|---|---|
| Adoption | 3 | 100 | 1000 |
| Affidavit | 4 | 20 | 200 |
| Agreement (Not otherwise provided for) | 5(j) | 20 | 200 |
| Articles of Association | 10 | 300 | 500 for every 10 Lakhs on authorized capital Max.Rs.5 Lakhs |
| Cancellation | 17 | 50 | 1000 |
| Copy or Extract | 24 | 20 | 100 |
| Counterpart or Duplicate | 25 | 20 | 500 |
| Lease | 35 | Security deposit whether repayable or not included | |
| Memorandum of Association | 39 | 200 or 500 | 200 |
| Partition Non-family | 45(b) | 4% on value of Separated share | 4% on market value of Separated share |
| Explanation to 45 46B, 55 | Family shall include legal heir of deceased family member | ||
| Partnership | 46A | 300 | 1000 |
| POA | 48 (a) | 5 | 500 |
| 48 (b) | 15 | 500 | |
| 48 (c) | 100 | 1000 | |
| 48 (d) | 175 | 1000 | |
| POA to sell immovable property for consideration | 48(e) | 4% on consideration | 4% on market value |
| POA to sell immovable property in favour of family member | 48(f) | 1000 | |
| POA to sell immovable property in favour of person who is not a family member | 48(g) | 1% on market value of property | |
| Reconveyance of Mortgaged Property | 54 | 80 | 1000 |
| Security Bond | 57 | 80 | 500 |
| Revocation of Settlement | 58(b) | 80 | 1000 |
| Surrender of lease | 61 | 40 | 1000 |
| Transfer between Trustee to Trustee or Beneficiary of same Trust | 62(e) | 30 | 1000 |
| Declaration of Trust | 64(a) | 180 | 1000 |
| Revocation of Trust | 64(b) | 120 | 1000 |
