Stamp Duty Demand Quashed Where Tenancy Never Surrendered

Vayyaeti Srinivasarao Vs Gaineedi Jagajyothi (Supreme Court of India) Agreement to Sell with Existing Tenant Is Not a Deemed Conveyance: Supreme Court Overrules Stamp Duty Demand The Supreme Court (Judgment dated 15 January 2026) allowed the appeals and held that an agreement to sell executed with an existing tenant, who was already in possession long prior to the agreement, does not attract stamp duty as a “sale” or deemed conveyance under Explanation I to Article 47A of Schedule I-A of the Andhra Pradesh Stamp Act, 1922. The Court clarified that for an agreement to sell to be treated as ...