Hire special power of attorney in Pakistan On Tax Issue (2021)

Tax on special power of attorney in Pakistan:

If you need special power of attorney in Pakistan through a property lawyer in Lahore Pakistan you may contact Nazia Law Associates. It was held taxable as a power of Attorney under Section 3(10) of the Stamp Act, 1879. Under the Madras Stamp Manual (1958), a Vakalatnama, when produced as authority to claim refunded: to fine is required to be stamped as a power of attorney in Pakistan through a property lawyer in Lahore Pakistan under Article 48 :(¢) of schedule to the Stamp Act, 1899.   (13) POWER OF ATTORNEY BY AN OFFICER, E.T.C.

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  Power of Attorney or other written authority in some Provinces) to institute or defend a suit when executed by an officer warrants officer, non-commissioned officer or private not in civil employment has been exempted from any. Fee Section 19(1) of the Court-Fees Act, 1870. Therefore, such powers of attorney are not chargeable with a fee under the law relating to court fees for the time being in force. They are, therefore, power of attorney in Pakistan through a property lawyer in Lahore Pakistan under clause (21) of Section 2 of the Stamp Act, and as such, are governed for their taxation by Article 48 of the schedule I to the Stamp Act, 1899.  

(14) RELEVANCY OF THE STAMP ACT TO THE VAKALATNAMA.  There has, however, been a difference of opinion as to the relevancy of the Stamp Act in the matter of Mukhtaranamas and Vakalatnamas executed in favor of persons who are certified Mukhtar or pleader. In a Full Bench decision, the High Court at Allahabad has held that the documents covered in Article 10 of Schedule li to the Court-Fees Act, 1870, mean the powers executed in favor of Mukhtars or pleaders only certificated under the Legal Practitioners Act. The power of attorney in Pakistan through a property lawyer in Lahore Pakistan is not a duly certificated Mukhtarnama or pleader; the emphasis is covered by clause (20) of Section 2 of the Stamp Act and has to be taxed as such. 

The High Court at Lahore, on the other hand, has held in a Full Bench decision in a like fact situation that the Mukhtarnamas or Vakalatnamas referred to in Article 10 of Schedule ll to the Court-Fees Act, 1870, is not restricted to the power executed in favor of Mukhtars or Vakils duly certificated under the Legal Practitioners Act. The said Mukhtarnamas or Vakalatnamas is, according to the Lahore High Court, therefore, taxable under the Court-Fees Act and not the Stamp Act.  When power of attorney in Pakistan through a property lawyer in Lahore Pakistan is also a mortgage deed where a document is not only a power of attorney but also a mortgage deed and an agreement, it will be governed by Section 5 of the Stamp Act (16)  

PROXIES. A proxy is writing authorizing a person to vote on behalf of another. In this sense, it is also a power of attorney in Pakistan through a property lawyer in Lahore Pakistan. It is, however, taxed under Article 52 of the Stamp Act, 1899.  A proxy also means a lawfully constituted agent. The Stamp Act is concerned with the instrument or proxy. If there be an instrument of the proxy, it is not necessary at the meeting for which it is to be used unless there be some requirement to that effect.

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