TDS provisions relating to rents paid under income tax legislation. Under Section 17 of the Indian Registration Act, which applies to all of India, any real estate lease agreement must be registered from year to year or for a period of more than one year. Therefore, unless otherwise required by national law, any leave and licence contract must be registered for a period of 12 months or more. Currently, the tenant or landlord must pay a stamp duty of 0.25 per cent and a registration fee of Rs 1000 for a property in an urban area. The cost for rural space, Rs 500 is the cost. Apart from these fees, the tenant or landlord does not need to pay any other fees for the process of submitting the agreement. Early rental for the period/non-refundable deposit – Clause 8: representations. Lease contract forever Licensing agreement should also cover replacements by owners, licensee Antenne is the license representative Respecting responsibilities and behavior the owner and tenant of Atticates corresponding responsibility for the financial transition Real Estate Management and behavior in society in general. e-Registration is a new facility introduced by the Registration Department – Stamps, Government of Maharashtra, which allows you to register your rental contract online without visiting the Registrar/Sub Registrar Office. Signatures are collected using a biometric device and user data is verified using the Aadhaar database. Network People Services Technologies Limited (NPST) is an authorized service provider that has provided this service to citizens via the Citizen Contact Number. 18602666606 and online by serveseva.in For Maharashtra, however, the law has been strengthened and, in accordance with date 55 of the Maharashtra Rent Control Act of 1999, any lease or leave and licence agreement must be written, and the same must be registered in a mandatory manner, regardless of the length of the lease. Speaking of development, Omprakash Deshmukh, Comptroller General of Registration, “For the registration of leave and the licensing agreement, citizens must visit the under-registration office or go to another approved provider.
To save citizens time and money in this process, we have taken the new initiative. We are a technology-driven company that insists on data management without manual intervention. Reciepts, agreements and each document are provided electronically. If you have some confusion, you can always go to a rental consultant in legaldocs.co.in. Legaldocs is very professional and helps in nature. The HelpLine number is 9022119922. Go to the e-filing site (efilingigr.maharashtra.gov.in/ereg/). First step to registering rental rates online: Design – Create a project on legaldocs.co.in. The development is a very important step in any lease agreement.