Stamp Duty Law: Exemptions from Stamp Duty
This quiz is designed to test your knowledge of the exemptions from stamp duty under the Stamp Duty Law.
Questions
Which of the following instruments is exempt from stamp duty?
- Conveyance of immovable property
- Lease of immovable property
- Mortgage of immovable property
- Sale of goods
Which of the following instruments is exempt from stamp duty if the value of the consideration does not exceed Rs. 100?
- Conveyance of immovable property
- Lease of immovable property
- Mortgage of immovable property
- Gift of immovable property
Which of the following instruments is exempt from stamp duty if the value of the consideration does not exceed Rs. 500?
- Conveyance of immovable property
- Lease of immovable property
- Mortgage of immovable property
- Partition of immovable property
Which of the following instruments is exempt from stamp duty if the value of the consideration does not exceed Rs. 1,000?
- Conveyance of immovable property
- Lease of immovable property
- Mortgage of immovable property
- Exchange of immovable property
Which of the following instruments is exempt from stamp duty if the value of the consideration does not exceed Rs. 2,000?
- Conveyance of immovable property
- Lease of immovable property
- Mortgage of immovable property
- Surrender of lease
Which of the following instruments is exempt from stamp duty if the value of the consideration does not exceed Rs. 5,000?
- Conveyance of immovable property
- Lease of immovable property
- Mortgage of immovable property
- Release of mortgage
Which of the following instruments is exempt from stamp duty if the value of the consideration does not exceed Rs. 10,000?
- Conveyance of immovable property
- Lease of immovable property
- Mortgage of immovable property
- Assignment of lease
Which of the following instruments is exempt from stamp duty if the value of the consideration does not exceed Rs. 20,000?
- Conveyance of immovable property
- Lease of immovable property
- Mortgage of immovable property
- Reassignment of lease
Which of the following instruments is exempt from stamp duty if the value of the consideration does not exceed Rs. 50,000?
- Conveyance of immovable property
- Lease of immovable property
- Mortgage of immovable property
- Sublease of immovable property
Which of the following instruments is exempt from stamp duty if the value of the consideration does not exceed Rs. 1,00,000?
- Conveyance of immovable property
- Lease of immovable property
- Mortgage of immovable property
- Power of attorney
Which of the following instruments is exempt from stamp duty if the value of the consideration does not exceed Rs. 2,00,000?
- Conveyance of immovable property
- Lease of immovable property
- Mortgage of immovable property
- Agreement for sale of immovable property
Which of the following instruments is exempt from stamp duty if the value of the consideration does not exceed Rs. 5,00,000?
- Conveyance of immovable property
- Lease of immovable property
- Mortgage of immovable property
- Will
Which of the following instruments is exempt from stamp duty if the value of the consideration does not exceed Rs. 10,00,000?
- Conveyance of immovable property
- Lease of immovable property
- Mortgage of immovable property
- Trust deed
Which of the following instruments is exempt from stamp duty if the value of the consideration does not exceed Rs. 20,00,000?
- Conveyance of immovable property
- Lease of immovable property
- Mortgage of immovable property
- Settlement deed
Which of the following instruments is exempt from stamp duty if the value of the consideration does not exceed Rs. 50,00,000?
- Conveyance of immovable property
- Lease of immovable property
- Mortgage of immovable property
- Gift deed