TDS provisions relating to rent paid in accordance with income tax laws. Our representative will verify the identity of the owner and tenant with the Aadhaar number with 2 witnesses. Once the verification is complete, you will receive your registered agreement within 3 working days. For example, if you enter into a 24-month vacation and license agreement with a monthly rent of 25,000 rupees and a refundable deposit of five Lakh Rs, you will have to pay a stamp duty of 1,750 rupees (0.25% on the rent of six Lakhs for two years and interest on one lakh for two years). “In accordance with section 55(1) of the Maharashtra Rent Control Act, 1999, any holiday and licence or rental agreement between the lessor and the lessee or licensee should be in writing and registered in accordance with the Registration Act 1908.” If you have any confusion, you can contact the rental advisor at legaldocs.co.in at any time.