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The difference between an agreement to sell and bayana lies in their nature and purpose. Agreement to sell refers to the contractual arrangements for transferring ownership in the future. Bayana refers to the advance payment made by the buyer as a amount to purchase the property.

On 50 rs stamp paper of bayana agreement, there is one option of property purchased by . In this column seller gives his name and one more column stamp duty paid by in this also seller gives his name.

The Bayana agreement is a legal document that can be acknowledged as legal proof in a court of law in the event of any dispute between the contracting parties because it is controlled by the Indian Contract Act, of 1872.

This withholding tax is typically calculated at 2.5% of the sale price and is due at the time of the sale. The non-resident seller must then prepare and file a Vermont income tax return by April 15th of the following year (plus extensions) to determine the state capital gains tax due.

WHEREAS the vendor is the sole and absolute owner of the property more fully set out in the Schedule hereunder: AND WHEREAS it is agreed that the vendor shall sell and the purchaser shall purchase the said property for a sum of Rs?????.?????... (Rupees?????.?????.?????....) free of all encumbrances.

That on or before _____________, the FIRST PARTY will execute and get the Sale Deed of the said portion of the said property registered, in favour of the SECOND PARTY or his nominee/s, on receipt of the full and final balance amount, failing which either party shall be entitled to get the Sale Deed registered through ...