BTA generally includes a large number of transfer objects that can encompass all types of tangible, intangible, personal and real estate. While a break and enter from an income tax perspective is the preferred method of acquiring the business, it is recommended, given the complexity of the stamp duty on the transmission instrument, to go to the appropriate authority [see final note 9] and to obtain the opinion of the district official as to the determination of the tax levied on the instrument in case of ambiguity. It is always necessary and advantageous for the parties to deal very carefully with the aspects of stamp duty in order to avoid penalties of up to ten times the stamp duty actually owed. 5.2 In addition, any public servant may seize these mislabeled instruments if they find out. These seized instruments are to be sent to the collector, who then determines the amount of tax and, if necessary, the penalty to be paid. Each part to an instrument can also submit suo moto an evaluation instrument by the collector u/s 31. If a transport is subsequently carried out under such a sales agreement, the stamped tax, if it exists, is already paid and recovered under the sales agreement, which is considered transportation, adjusted for the total duty that can be levied on the transport, subject to a minimum amount of L.10. 2. The tax payable under point g) will only amount to USD 500 if the tax is already paid under Article 5, point (a) (a) on development rights The KS Act departs from the BS And IS acts, taking into account the specific provisions relating to the transfer of personal and real estate under Article 5 of the KS Act. Article 5, point (e), of the KS Act imposes stamp duty levied on an agreement to sell land with partial performance of the contract. When the property is delivered or agreed before the transport is carried out, the prescribed stamp duty is in accordance with the section 20 obligation with respect to a deed of transport. Like the BS Act, the KS Act also provides a basis for calculating stamp duty on the tax paid on the transport record. If ownership of the property is not delivered, the responsibility for the stamp is limited to these agreements at twenty thousand INR.

Under Section 28 of the Bombay Stamp Act, 1958, performers are required to disclose and actually state the relevant facts and circumstances in the instruments.