Stamp - Duties Act, 1862, 10 of 1862 (Rep., Act 7 of 1870)

Section 42. Any lease of any land, house, or other real property stipulating for a rent, granted in consideration of a fine or premium

Repealed or not in force · As amended up to 2026-08

42. Any lease of any land, house, or other real property stipulating for a rent, granted in consideration of a fine or premium ... A Stamp of value equal to the joint value of the Stamps for a Conveyance in consideration of the fine, and a lease for the rent. EXEMPTIONS. Any lease executed to a ryot or other actual cultivator: provided that no fine or premium be paid as part of the same transaction. (For Madras.) Every lease or other engagement executed between landlord and tenant relative to land in the Presidency of Madras, subject to the payment of Revenue to Government.

Source: India Code