Company Law : The article explains that stamp duty on securities is calculated based on consideration under the amended Indian Stamp Act. Since ...
Corporate Law : Stamp duty on indemnity bonds is not uniform across India because each state follows its own stamp legislation and amendments. The...
Corporate Law : The analysis highlights Delhi’s 2025 circular requiring 0.1% stamp duty on both physical and demat share issuances. Companies re...
Corporate Law : A comprehensive guide to LLP Agreement stamp duty across all Indian states and UTs. Learn applicable rates, filing requirements, p...
Corporate Law : The Delhi Government Circular dated 29 July 2025 clarifies that stamp duty on the issuance of shares by companies having registere...
Corporate Law : Maharashtra's new ordinance raises stamp duties, setting minimum rates at Rs 500 and increasing charges on key documents like Arti...
Corporate Law : Yourself was kind enough in giving concessions up to 30.04.2021, for registration of docs, on which stamp duty is paid on or befor...
Goods and Services Tax : Concession in Stamp Duty by 1 percent over the prevailing rate exclusively to Women, provided the transfer of house property or re...
Corporate Law : Government broadens pertinence of stamp duty by 3 months from 1st April 2020 to 1st July 2020 The administration has not broadened...
Finance : Paying stamp duty while purchasing or transferring a property is often a long-drawn process. You need to go to the registrar's off...
Income Tax : ITAT Delhi ruled that where an assessee disputes the stamp duty valuation under Section 50C, the Assessing Officer should refer th...
Income Tax : ITAT Ahmedabad held that property payments were properly explained with bank records and affidavits. Additions under Section 69 fo...
Income Tax : ITAT Mumbai held allotment letter is an agreement to sell; stamp duty value on booking/allotment date applies u/s 56(2)(x) where p...
Income Tax : ITAT Mumbai held stamp duty value on allotment date applies u/s 56(2)(x) where full payment was made by cheque before agreement, n...
Income Tax : The Tribunal found that the appellate order was passed ex parte without a reasoned decision. The case was remanded for fresh adjud...
Corporate Law : Maharashtra's new ordinance raises stamp duties, setting minimum rates at Rs 500 and increasing charges on key documents like Arti...
Corporate Law : Introduction: The Revenue and Forests Department of Maharashtra has introduced the Maharashtra Stamp Duty Amnesty Scheme-2023 to r...
Corporate Law : The enterprises making new investment or investment for expansion under the scheme, as the case may be, for reimbursement of 25% o...
Corporate Law : Delhi Govt notifies the extension of relaxation of 20% in the minimum rates (Circle rates) till 30.06.2022 for valuation of lands ...
Corporate Law : Government of Maharashtra reduces the stamp duty by 1% on Agreement to Sell / Conveyance of residential property executed in favou...
The Tribunal ruled that nominal differences between declared consideration and stamp duty valuation do not trigger tax. Tolerance limits must be applied to avoid unjust enrichment of revenue.
Courts below treated an agreement to sell as a conveyance due to possession with the buyer. The Supreme Court ruled that without express or implied surrender of tenancy, no deemed conveyance arises.
The Assessing Officer alleged incorrect claim of stamp duty expenditure without identifying any such entry in the accounts. The Tribunal deleted the addition, holding it to be based on presumption.
The Tribunal held that where consideration for a flat is paid through banking channels, stamp duty value as on the date of allotment must be adopted. Addition under Section 56(2)(x) based on registration-year valuation was quashed.
Difference between ready reckoner and stamp duty value was wrongly treated as misreported income. Tribunal ordered fresh adjudication, allowing assessee to present sale deeds, purchase deed, and bank statements.
The Supreme Court ruled that a deed mortgaging property to secure one’s own performance is a Mortgage Deed, even if the title suggests a security bond, affirming deficit stamp duty demands. This provides critical legal clarity that when the principal debtor is the party providing the security, Article 40 of the Indian Stamp Act is the governing provision.
Delhi’s 2025 circular mandates a 0.1% stamp duty rate on share issuance (physical/demat), overriding central 0.005% for demat, resolving dual-rate confusion.
Understand stamp duty on Maharashtra shares (physical/demat). Covers applicable acts, rates for issue/transfer, and payment methods via state portals or automated systems post-2020.
Karnataka High Court held that statutory upper limit of maximum stamp duty INR 25 crores under the Karnataka Stamp (Second Amendment) Act, 2022 is not applicable to the additional duty levied under section 3B the Karnataka Stamp Act, 1957.
Allahabad HC quashes order denying stamp duty refund, citing Supreme Court precedent. Refund to be re-examined, avoiding technical rejections.
