Section 93 Houses acquired from industrial and provident societies
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Stamp duties shall not be chargeable in the case a conveyance, transfer or lease of a house by a society registered under the Industrial and Provident Societies Acts, 1893 to 1978, and made, in accordance with a scheme for the provision of houses for its members, to a member or to such member and the spouse of the member.
How is a transfer of lease of a house by a registered industrial and provident society to its members treated for stamp duty?
Stamp duty is not chargeable on a transfer or lease of a house by a registered industrial and provident society made to a member of the society in accordance with a scheme to provide houses to its members.
