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Thursday, April 18

Stamp Duty on Partnership in Andhra Pradesh


On Partnership, instrument of  

(i) Where the capital of the Partnership does not exceed Rs. 5,000/-

One hundred rupees

(ii) In any other case

Five hundred rupees

One Partnership, reconstitution of

(i) Where immovable property contributed as share by a partner

5 % on the market value of the property remaining with the firm

(ii) In any other case

Five hundred rupees

On partnership, dissolution of

(i) Where the property of one partner or partners when the partnership commenced is distributed to others

            5 % on the market value of the property in addition to the duty on dissolution

            (ii) In any other case

            Five hundred rupees



For exemptions and other details please refer to Schedule IA of the Indian Stamp Act, 1899, as applicable to Andhra Pradesh.

Also see