Law chamber

 PAVANANJAYA

 19 Years Exp

 Get A Document Notarised (Show More)

 Dakshina Kannada , Kodiyalbail

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Overview

Get a document Notarised

According to the Indian law, a Notary Public or Notary is a person who is authorized to carry out certain legal formalities/activities. This would include drawing up and/or validating contracts, deeds and other such legal documents.

Duties Of A Notary Public In India

Under the Notaries Act, 1952, the Central or State Govt. may appoint one Notary Public for a region or for the whole country or a whole state or a part of the state. Duties of a Notary public are governed by the Notaries Act, 1952 and they are-

    Certify, attest or authenticate any instrument
    Administer oaths or witness swearing by deponents for affidavits
    To carry out translations and verify such translations of legal documents from one language to another
    To record proof/evidence in criminal or civil trials and to act as commissioner if so directed
    To perform the function of an arbitrator, counselor or mediator

Significance Of Notarization

Rule 12 of the Notary Rules, 1956 prescribes that every notary shall use a plain circular seal of a diameter of 5 c.m. bearing his name, the jurisdictional area within which he has been appointed to exercise his functions, the registration number,expiry date and the circumscription “NOTARY”, and also the name of the Government which appointed him.

The Notarial Seal acts as a seal of verification meaning that the facts mentioned and the signatures on the document are indeed authentic. It also acts as validation for the fact that the identities of the people signing the document have been verified. It helps prevent forgery and is one of the foremost ways used to avoid frauds in legal documents.

In any legal proceeding, a Notary seal if present on a document, will act as confirmation for the courts that the signatures were placed by a genuine person and not forged or fabricated. It also acts as proof that the individual was not forced into signing it. As one of the many functions of a Notary Public is to witness the document being signed, notarization renders a document authentic, true and voluntarily drafted in many senses.


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Name : PAVANANJAYA

Law Firm Name : Law chamber

Country : India

City : Dakshina Kannada

State : KARNATAKA

Practicing Since: 2006

About Your Firm : I am practicing since 2006 as a civil Advocate in Mangalore I am handling civil Matters M.C Cases , Consumer cases Registration work Revenue work, Legal Opinion etc

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Subject :  Registration of property
Question :  Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you

Answer by Law chamber :  Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok

Subject :  Registration of property
Question :  Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you

Answer by Law chamber :  Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok

Subject :  Registration of property
Question :  Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you

Answer by Law chamber :  Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok