Refund Excess amount of Stamp Duty paid: MP HC

Brilliant Foundation Vs State of Madhya Pradesh and others (Madhya Pradesh High Court) The issue under consideration is whether the denial of refund of excess amount of stamp duty by the respondent is justified in law? In the present case, respondent rejected the refund of excess amount of stamp duty paid on the ground that the said provision does not apply to the case of the petitioner/company as ad-valorem duty was paid at 1% and not at 5% of the market value. High Court state that According proviso (c) to Article 25 of the Indian Stamps Act, where an agreement to sell an immovable property ...