19 September 2022

Search Results for Tag : Stamp Duty

Top Story

President of India gives assent on amendments introduced to the Indian Stamp Act, 1899(21.02.2019)

The President of India, gave his assent to the proposed amendments in Indian Stamp Act, 1899. The amendment aims to rationalise and harmonise the syst.....

Tags : Amendment, Stamp duty, President, Assent


Notifications & Circulars

Collection of stamp duty on issue, transfer and sale of units of AIFs(30.06.2020)

1. Government vide Gazette notification S.O. 116(E) dated January 08, 2020 has notified the "Registrars to an Issue and/or Share Transfer Agents" (RTA.....

Tags : Collection, Stamp duty, Sale, AIFs



'Ten times penalty' prescribed for deficit stamp duty cannot be mechanically imposed(17.09.2020)

The Appellant by present appeals challenges the judgment of learned Single Judge of the High Court dismissing the Writ Petition of the Appellant as we.....

Tags : Stamp duty, Penalty, Imposition


Number of transactions, not number of documents for stamp duty(11.08.2015)

In a case where the mortgagor borrowed from 13 banks in one instrument, the agreement fell under Section 5 of the Gujarat Stamp Act, 1958, the Court h.....

Tags : stamp duty, number of transactions, one instrument



SC: Non-Payment of Stamp Duty Not to Invalidate Arbitration Agreement(12.01.2021)

Supreme Court has observed that non-payment of stamp duty on the commercial contract will not invalidate the arbitration agreement.

Tags : Supreme Court, Non-payment of Stamp Duty


Supreme Court Stays Bombay HC Verdict on Levy of Stamp Duty on Advertisement Contracts(28.03.2017)

Supreme Court has stayed Bombay High Court judgment which had dismissed the challenge against levy of stamp duty on contracts entered into by advertis.....

Tags : Supreme Court, Advertisement Contracts, Stamp Duty


J&K HC Stays Levy of Revised Stamp Duties on Registration of Documents(05.02.2021)

Jammu and Kashmir High Court has stayed a circular that issued revised stamp duty rates to be levied during registration of documents in an order on a.....

Tags : Jammu and Kashmir High Court, Revised Stamp Duty Rates


Kerala High Court Stays Lakshadweep Notification Increasing Stamp Duty(02.07.2021)

Kerala High Court has stayed all the proceedings pursuant to the Notification issued by the Lakshadweep Administration revising the existing stamp dut.....

Tags : Kerala High Court, Lakshadweep Notification Increasing Stamp Duty


Bombay High Court: Stamp Duty Cannot be Charged on Resale of Old Properties(22.08.2019)

Bombay High Court in a landmark judgment has put an end to the age-old practice of collecting stamp duty retrospectively on resale of old properties. .....

Tags : Bombay High Court, Stamp Duty


BHC: Arbitration Agreement not Exempt from Stamp Duty even if Contract is Executed Outside State(28.11.2019)

Bombay High Court (BHC) has ruled that even if a contract is executed outside the State of Maharashtra and the work is also carried outside the State .....

Tags : BHC, Stamp Duty


Stamp Duty Hikes, Noida Flats Costlier(08.03.2016)

UP cabinet has approved hiking of stamp duty on homes by 2% in all cities, including Noida and Greater Noida.

Tags : UP cabinet , stamp duty


Stamp Duty Payable on Transfer of Debts Along with Underlying Securities: Allahabad HC(15.02.2018)

Allahabad High Court has held that stamp duty is payable on the transfer of debts along with underlying securities.

Tags : Allahabad High Court, Stamp Duty


Delhi HC: Not Compulsory to Register or Pay Stamp Duty on Family Settlements(30.03.2022)

Delhi High Court has decided that it is not mandatory to compulsorily register family settlements and to pay stamp duty when such settlement is arrive.....

Tags : Delhi High Court, stamp duty, Family settlements


Delhi HC: Stamp Duty Insufficiency on Arbitration Agreement is Jurisdictional Issue U/S 16 A&C Act(26.04.2022)

Delhi High Court has ruled that the sufficiency of the stamp duty on the arbitration agreement is a jurisdictional issue under Section 16 of the Arbit.....

Tags : Delhi High Court, stamp duty, arbitration agreement, Section 16, Arbitration and Conciliation Act, 1996


Gujarat HC Directs Authority to Refund Amount on Bills of Entry for Imported Goods(29.12.2020)

Gujarat High Court has directed the Customs Authority to refund the amount collected as stamp duty on Bills of Entry filed for the imported goods, qua.....

Tags : Gujarat High Court, Refund of Stamp Duty


Karnataka HC: Award of Compensation under National Highways Act Not Attract Stamp Duty(30.05.2022)

Karnataka High Court has held that an award of compensation passed by an Arbitrator under National Highways Act, 1956 does not attract stamp duty. Pay.....

Tags : Karnataka High Court, National Highway Act, Compensation, Stamp Duty


Rajasthan Assembly Raises Stamp Duty Surcharge From 10 to 20% for ‘cow protection’(10.09.2018)

Rajasthan Assembly has passed a Bill raising the stamp duty surcharge from 10 to 20 per cent for “cow protection and propagation”

Tags : Rajasthan Stamp Duty


Stamp Duty Not Necessary For Enforcement Of Foreign Arbitration Awards In India: Supreme Court(14.09.2018)

Supreme Court has held that payment of stamp duty under the Indian Stamp Act is not necessary for the enforcement of foreign arbitration awards in Ind.....

Tags : Supreme Court, Stamp Duty, Arbitration


Punjab & Haryana HC: Stamp Duty to Be Levied on Agreement to Sell(11.04.2022)

Punjab and Haryana High Court has observed that when there in an agreement to sell to the effect that possession has been delivered, stamp duty is lev.....

Tags : Punjab and Haryana High Court, agreement to sell, stamp duty