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Is there provision to get refund of value of Stamp papers not used or spoiled etc.?

- by Ramarathnam, K.G.F.

Yes, there is provision. (a)  If  Stamp paper is purchased and executed as security to get loan and such loan could not be obtained on execution of such document within 6 months from the date of execution, and (b) when the stamp paper is not used for the purpose for which it was purchased, within one year from the date of such purchase.  Application may be submitted within the time limit mentioned below to the District Registrar (Deputy Commissioner of Stamps), Assistant Commissioner (Revenue Division) or Assistant Commissioner of Stamps.

When time limit prescribed above has elapsed, application may be submitted to the Government within 10 years from the date of purchase.


These are all the legal questions answered by Advocate S.Selvakumar in various magazines, in various occasion including realestate reporter monthly.


Q:- I am buying a property at Jakkasandra (old village area) presently coming under City Corporation.  Betterment charges paid receipt and Conversion Order are not there.  Is it possible to register this property?

Q:- My son and I have jointly borrowed money from the bank for purchase of a flat in Bangalore and we are sharing the EMI.  My question is whether the property is to be registered in our names jointly or whether it should be registered in single name? 

Q:- I have purchased a property in Corporation limits of Shimoga. As I went abroad immediately after signing the sale deed, my close friend presented the document for registration which was accepted and registered. Later, I came to know that the presentation should be either by executant or claimant or only by a duly authorized agent through power of attorney. I have not given any power of attorney to my friend. I am told that the registration is invalid. Please advise.

Q:- I am not able to understand the difference between Katha Certificate and Katha Extract. Could you also brief me about the importance of Encumbrance Certificate? I shall be very grateful to you if you could give me reply to my mail with answers. I shall sincerely look forward to hearing from you soon. Thank you, very truly yours.

Q:- I have purchased a house in January 2003.The sub-registrar of Basavanagudi, where the sale deed was registered, did not agree for the stamp duty paid on the sale deed and served us a notice to pay additional stamp duty of Rs. 6,575/- which was also paid and the sale deed was registered. The registered sale deed is with me. I am in possession of the house. But recently I have received a notice from the Department of under valuation stating that the property is undervalued and to pay additional stamp duty of as Rs. 4,255. As I have paid the stamp duty as demanded by the sub-registrar why this notice? Can I ignore the notice?  Please advice.