Maharashtra Stamp Duty Amnesty Scheme 2023-24 | Law & Practice

This book is a comprehensive guide to provide an in-depth understanding of the new Maharashtra Stamp Duty Amnesty Scheme for 2023-24. It is a blend of theoretical and practical elements, designed not only as a guide but also as a reference manual for professionals in the field. This book is divided into four parts:

Part I discusses the new Stamp Duty Amnesty Scheme, elaborating on its provisions, processes, practical tips, and FAQs and providing valuable tools like checklists, flow charts, and QR codes for additional resources
Part II focuses on Stamp Duty & Registration provisions, including FAQs and practical examples
Part III compiles Notifications, Orders, and other relevant administrative documents, offering a comprehensive view of the Scheme’s operational framework.
Part IV discusses Representations to Ministers & Authorities, providing insights into the challenges of implementing the Scheme and proposing measures for its success.
It is a valuable resource for housing society members, new flat purchasers, builders, developers, real estate agents, advocates, and stamp duty and registration professionals.

The Present Publication is the 1st Edition, authored by Adv. Shyamsundar Patil, CA. Ramesh S. Prabhu and CA. Shreyash Prabhu with the following detailed coverage:

About Stamp Duty Amnesty Scheme
Stamp Duty Amnesty Scheme (Abhay Yojana) 2023-24
Background – Stamp Duty Amnesty Scheme 2023-2024
Types of documents covered under the Scheme
Avail benefits of the Scheme for pending deemed conveyance
Determination of market value by the ready reckoner for stamp duty
Online application for the Amnesty Scheme
Payment of stamp duty and its process
About Stamp Duty and Registration
Stamp Duty – Overview, Importance and Valuation Factors
Registration of Documents
Stamp duty applicable on conveyance from time to time in favour of co-operative housing societies
Stamp Duty on conveyance in co-operative housing societies from the beginning of the Stamp Act
FAQs from the government (IGR) Website
QR Code for articles, important government sites and YouTube videos on Stamp Duty Amnesty Scheme 2023
Appendix Covering Orders & Circulars
APX-1 – 07/12/2023 – Stamp Duty Abhay Yojana 2023 Order
APX-2 – 11/12/2023 – Standard Operating Procedures (SOP) for availing benefits under Stamp Duty Abhay Yojana 2023
APX-3 – 13/12/2023 – Corrigendum in Standard Operating Procedures (SOP) with respect to SOP
APX-4 – Maharashtra Collector Stamp District Wise/Taluka wise
APX-5 – 12/12/2023 – Implementation of Maharashtra Stamp Duty Abhay Yojana 2023
APX-6 – Scrutiny of documents for filing in Abhay Yojana 2023
APX-7 – 13/12/2023 – Letters issued by the Collectors of Stamps to Co-operative Housing Societies to avail the benefits of the Scheme
APX-8 – Stamp Duty And Registration Fees Applicable on certain Instruments as per Schedule-I of the Act
APX-9 – 02/01/2018 – Guidelines regarding the calculation of built-up area and carpet area for market value calculation
APX-10 – 07/12/2013 – Circular to protest the loss of Govt. revenue and to protest mismanagement of Stamp Duty by IGR
APX-11A – 22/04/2009 – Letter issued by IGR dated 22/04/2009 regarding Amnesty Scheme 2008 in respect of stamp duty on the instruments executed during the period from dt. 4-7-1980 to 10-12-1985
APX-11B – Letter Issued by IGR Dated 10-08-2006 regarding Amnesty Scheme 2008 in Respect of Stamp Duty on the instruments executed during the period from Dt. 4-7-1980 to 10-12-1985
APX-12 – 12/04/2012 – Procedure for calculation of the stamp duty applicable on the deemed conveyance deed issued by IGR
APX-13 – 14/06/2016 – To determine the documents in view to remove the difficulties in Deemed Conveyance
APX-14 – 12/07/2016 – Documents required for registration of Deemed Conveyance Deeds of Deemed Conveyance Deeds of Co-operative Housing Authority as per provisions of MOFA Act, 1963
APX-15 – 22/06/2018 – Procedure to be followed while issuing deemed conveyance order and certificate
APX-16 – 22/12/2011 – Registration of confirmation deed or declaration deed issued by IGR
APX-17 – 28/05/2012 – Regarding Registration of Confirmation Deed or Declaration Deed (FAQ by IGR)
APX-18 – Format of Society Certificate Mentioning the Details of the Agreement to be processed under Amnesty Scheme to Pay Stamp Duty on their own agreement
APX-19 – Format of Authority Letter
APX-20 – Power of Attorney
APX-21 – Indemnity Bond
Representation Made to the Government to Address Challenges & Concerns by Mahasewa
APX-22 – Amendment in MOFA to register the agreement for sale/resale of flats to give relief to Lakhs of citizens of Maharashtra whose agreements were not registered and to generate the revenue under the Stamp Duty Amnesty Scheme 2023
APX-23 – Suggestion to implement the unique Stamp Duty Amnesty Scheme more effectively and Successfully for the benefit of the public at large
APX-24 – Representation to ease the process of adjudication of deemed conveyance and consider the agreement for sale before 10.12.1985 under the latest Stamp Duty Amnesty Scheme 2023
APX-25 – Representation on payment of stamp duty under Stamp Duty Amnesty Scheme, 2023, on Certified Copy or Photocopy of Stamped executed Instrument
APX-26 – Representation to accept online application to be under Stamp Duty Amnesty Scheme, 2023
APX-27 – Representation on payment of stamp duty under Stamp Duty Amnesty Scheme, 2023, on share certificate and allotment letter issued by the co-operative housing society constructed on private land
APX-28 – Representation regarding Policy Changes required for smooth completion of Redevelopment and Self Redevelopment Projects