Stamp/documentation Consultancy Service

We are a highly acclaimed company that deals in providing Stamp/Documentation Consultancy Service in Bharuch, Gujarat, India. Details of any notifiable transaction must be given on a land transaction return. Revenue and Customs has power to investigate transactions to ensure that tax has been fully and properly paid and full records of a transaction must be kept for at least six years.

If there is no chargeable consideration there is no obligation to notify the transaction and no tax is payable. No certificates are required to register it at the Land Registry. There are exceptions for connected companies and employee benefits.

Otherwise, the acquisition of a 'major' interest for consideration is notifiable whether or not any SDLT is payable. A lease granted for less than seven years is notifiable where either the premium or the rent would attract SDLT at 1% or higher (before any relief). Acquisitions of other interests are notifiable if the consideration would attract SDLT at 1% or higher (before any relief). Notification is by means of a Land Transaction Return (SDLT1).