Home India Part II - Section 2 Reduction of Registration Fee Payable under the Registration...
Date: 2025-03-29 Category: Not Applicable State: Tamil Nadu Country: India

Reduction of Registration Fee Payable under the Registration Act.

Issued by Part II - Section 2 · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This document is a notification from the Government of Tamil Nadu, Commercial Taxes and Registration Department, dated March 29, 2025, regarding a reduction of registration fees payable under the Registration Act. The reduction applies to instruments of conveyance on the sale of immovable properties in favour of women purchasers, subject to certain conditions. The notification is effective from April 1, 2025. **Key Points / Main Content** * **Applicability of Fee Reduction:** * Reduction of registration fee under Article 1(a) of the Table of Fees prepared under section 78 of the Registration Act, 1908. * Applies to instruments of conveyance on the sale of immovable properties in favour of a woman or women. * The fee reduction is equivalent to Rupee one per Rupees hundred or part thereof on the value or amount on which stamp duty under the Indian Stamp Act, 1899 is payable. * **Conditions for Concession:** * The purchaser must be a woman, or all purchasers must be women if jointly purchased. * No refund of registration fee if already paid before the publication date of the notification. * Property value should be up to Rs. 10,00,000 as per the market value on the date of registration; a single property should not be deliberately split into multiple parts. * Concession not applicable if the property value is more than Rs. 10,00,000. * If, after registration, a building inspection reveals the property value exceeds Rs. 10,00,000, the concession is void, and the reduced fees must be repaid. * If the property is sent for market value determination under section 47A(1) of the Indian Stamp Act, the concession will be given after valuation by the relevant authority. * **Effective Date:** * The notification is effective from April 1, 2025. **Impact Analysis** **Stakeholder: Women Property Purchasers in Tamil Nadu** * **Impact:** * Benefit from reduced registration fees on property purchases, making property ownership more accessible. * **Action Required:** * Ensure compliance with all the conditions specified in the notification to avail the fee reduction. * Note that the property value should be up to Rs. 10,00,000. **Stakeholder: Registration Department of Tamil Nadu** * **Impact:** * Need to implement the new rules and procedures for registration of properties under this notification. * Ensure proper valuation and verification to prevent misuse of the concession. * **Action Required:** * Implement the new rules for women property purchasers and administer the updated registration fees. **Stakeholder: State Government of Tamil Nadu** * **Impact:** * Expected reduction in revenue from registration fees. * Potential increase in property ownership among women. * **Action Required:** * Monitor the impact of the reduced registration fees on state revenue and property ownership trends.

Key Entities Referenced

Registration Act, 1908: Central Act that governs the registration of documents and properties in India, referenced in the context of registration fee reduction. Indian Stamp Act, 1899: Central Act governing stamp duty on instruments, influencing the value or amount upon which registration fee reduction is calculated. Tamil Nadu Government Gazette: Official publication of the Tamil Nadu Government, serving as the medium for announcing policy changes and government orders. Section 78-A of the Registration Act, 1908: The section of the Registration Act granting the power to reduce registration fees, as referenced in the notification. Commercial Taxes and Registration Department (Tamil Nadu): The government department in Tamil Nadu responsible for issuing the notification regarding the reduction of registration fees.
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See Full Document Text
© [Regd. No. TN/CCN/467/2012-14. GOVERNMENT OF TAMIL NADU [R. Dis. No. 197/2009. 2025 [Price: Re. 0.80 Paise. TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY PUBLISHED BY AUTHORITY No. 147] CHENNAI, SATURDAY, MARCH 29, 2025 Panguni 15, Kurothi, Thiruvalluvar Aandu-2056 Part II—Section 2 Notifications or Orders of interest to a Section of the public issued by Secretariat Departments. NOTIFICATIONS BY GOVERNMENT COMMERCIAL TAXES AND REGISTRATION DEPARTMENT REDUCTION OF REGISTRATION FEE PAYABLE UNDER THE REGISTRATION ACT [G.O. Ms. No.77, Commercial Taxes and Registration (J2), 29th March 2025, பங்குனி 15, குரோ�ோதி, திருவள்ளுவர் ஆண்டு-2056.] No. II(2)/CTR/261(j)/2025. Whereas the Governor of Tamil Nadu is of the opinion that it is necessary so to do in the public interest, in exercise of the powers conferred by section 78-A of the Registration Act, 1908 (Central Act XVI of 1908), he, hereby, reduces the fee payable under Article 1(a) of the Table of Fees prepared under section 78 of the said Act at the rate of Rupee one per Rupees hundred or part thereof on the value or amount on which stamp duty under Indian Stamp Act, 1899 (Central Act II of 1899) is payable in respect of instruments of conveyance on sale of immovable properties in favour of a woman or women purchaser(s) only, subject to following conditions:- (i) The said concession shall be applicable only if the purchaser of the property, under the instrument to be registered, is a woman or if it is jointly purchased, then all the purchasers should be women; (ii) No refund of registration fee shall be granted where the registration fee has already been paid by any of the parties to such instrument, prior to the date of publication of this Notification; (iii) The value of the property should be up to Rs.10,00,000/- (Rupees ten lakh only) as per the market value/guidelines rate prevailing on the date of presentation of the document for registration and a single property should not be deliberately split into many parts to avail this concession; (iv) If the value of the property is more than Rs.10,00,000/- (Rupees ten lakh only), then this concession will not be applicable. In cases where building inspection is required after registration of property and during the said inspection, if it is found out that the value of the property is above Rs.10,00,000/- (Rupees ten lakh only), then this concession will not be applicable and the registration fees which has been reduced has to be paid; [1] II-2 Ex. (147)2 TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY (v) If the property is sent for determination of market value under section 47A(1) of the Indian Stamp Act, 1899 (Central Act II of 1899), the concession shall be given only after the value is determined by the Collector or the Chief Controlling Revenue Authority or the High Court of Madras, as the case may be. 2. This Notification shall come into force with effect on and from the 1st April, 2025. KUMAR JAYANT, Additional Chief Secretary to Government. PRINTED AND PUBLISHED BY THE COMMISSIONER OF STATIONERY AND PRINTING, CHENNAI ON BEHALF OF THE GOVERNMENT OF TAMIL NADU

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