Capital Gains Tax and exemption options - The Hindu

Capital Gains Tax and exemption options - The Hindu

How To Get Duplicate Copy Of Property Title, Shares, Fixed Deposits, Academic Certificates

It is always a nightmare if you misplace or lose once for all any important document like school mark sheet, property deed, bank deposit receipt etc.

How to get duplicate copy?

Property Title Documents:

The first step is to lodge a police complaint. Thereafter, issue a public notice in two leading newspapers, preferably, in an English language and a vernacular one, stating the loss of document. Remember to keep the copy of the complaint as well as the press clippings with you as proof of loss. 

 To collect duplicate proof of property ownership, you can get a certified copy of the original sale deed from the office of the concerned sub-registered of assurances, where the documents were registered.

In case these documents have not been registered with the sub-registrar, say, where a buyer signs agreement, with the builder, a duplicate policy can be obtained from the office of the builder.
 

If your bank misplaces or loses your property documents, it must notify you immediately. It should also provide a suitable indemnity to you and prospective buyers in case you sell your property. However, you will still have to lodge complaint and issue a public notice. The good news is that you can ask the bank to bear the costs.

Bank Deposit Receipt:

To apply for a duplicate fixed deposit receipt, submit a statement to your bank, clearly mentioning the amount and date of receipt, and explaining the manner in which the receipt was lost. If the bank is satisfied with your statement, it will issue a duplicate copy. However, it may insist on an indemnity bond, along with the approved sureties or a bank guarantee. Don’t forget to lodge a police complaint and publish a notice in newspapers.

How to keep your documents safe?

1.  Keep key documents, such as a house agreement, in a bank locker.
2.  Scan important papers and store them in your laptop/computer.
3. Store the scanned documents online by using services like Google doc (docs.google.com) etc.