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Receipt for the Balance Sale Consideration

At a glance

Price
₹99 · GST included
Stamp duty
A receipt under Art.53 Sch.I, Stamp Act 1899: over ₹5,000, the seller affixes a ₹1 revenue stamp and signs across it; s.30 entitles the buyer to demand a stamped receipt.
Registration
Registration is ordinarily unnecessary for a payment receipt that does not itself create or transfer property rights.
Witnesses
Witnesses are optional for a payment receipt; banking evidence and seller signature are more important.

₹99

GST included

Launch period: downloads are free for now. The prices shown apply once payments open.

Guided questions, full draft on screen, download in Word.

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Also called

  • balance sale consideration receipt
  • final property payment receipt
  • seller balance receipt

Whether you can fill this in here

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You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

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Why you need it

When you need it

For the buyer paying the final balance, to get the seller's written acknowledgment — valuable alongside the deed's own consideration recital, as a separate bank-matchable trail. State total consideration, prior payments, amount received, anything still due. Doesn't transfer title. Without it, a party can later claim a transfer was really a loan.

See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

A receipt under Art.53 Sch.I, Stamp Act 1899: over ₹5,000, the seller affixes a ₹1 revenue stamp and signs across it; s.30 entitles the buyer to demand a stamped receipt. Not a conveyance (the sale deed carries that duty). Pay by bank transfer/DD/cheque: income-tax law bars cash of ₹2 lakh or more per transaction.

Registration

Registration is ordinarily unnecessary for a payment receipt that does not itself create or transfer property rights.

Notarisation

Notarisation is not required.

Witnesses

Witnesses are optional for a payment receipt; banking evidence and seller signature are more important.

Talk to a lawyer about this document₹3,539 including GST (₹2,999 + 18% GST), per documentRequest Stamp Paper

Sample preview — placeholder answers, not your data

RECEIPT FOR THE BALANCE SALE CONSIDERATION

Receipt date: 1 April 2026

Seller Harpreet Singh, Sector 35, Chandigarh, acknowledges payment from Buyer Aarav Sharma, Sector 21, Panchkula, for Plot 118, Sector 35-A, Chandigarh (Plot/land): Residential plot measuring 500 square yards..

Transaction reference: Sale deed for Plot 118 dated 15 September 2026.

Total consideration: ₹2,50,00,000 (Rupees Two Crore Fifty Lakh only). Earlier receipts: ₹50,00,000 (Rupees Fifty Lakh only). Balance received now: ₹2,00,00,000 (Rupees Two Crore only).

Payment mode: Bank transfer. References: UTR HDFC260915001..

Payment status: Full sale consideration is now received.

Receipt or release scope: Receipt confirms payment only and does not release unrelated obligations.

Questions about this document

Does the Receipt for the Balance Sale Consideration need stamp paper or stamp duty in Punjab and Chandigarh?

A receipt under Art.53 Sch.I, Stamp Act 1899: over ₹5,000, the seller affixes a ₹1 revenue stamp and signs across it; s.30 entitles the buyer to demand a stamped receipt. Not a conveyance (the sale deed carries that duty). Pay by bank transfer/DD/cheque: income-tax law bars cash of ₹2 lakh or more per transaction.

Does the Receipt for the Balance Sale Consideration need registration in Punjab and Chandigarh?

Registration is ordinarily unnecessary for a payment receipt that does not itself create or transfer property rights.

What does the Receipt for the Balance Sale Consideration cost on Kaagazaat?

₹99, GST included.

Launch period: downloads are free for now. The prices shown apply once payments open.

Does the Receipt for the Balance Sale Consideration need witnesses?

Witnesses are optional for a payment receipt; banking evidence and seller signature are more important.

Often needed with this document

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