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Is it mandatory to pay stamp duty on interest to be accrued on the loan irrespective of documents executed as security for such loan?
Is it mandatory to pay stamp duty on interest to be accrued on the loan irrespective of documents executed as security for such loan?
Vinay
Answered on December 23,2019
Answered on December 23,2019
No stamp duty is to be paid on loan amount. No duty needs to be paid on interest to be accrued.