Supreme Court Clarifies Stamp Duty on Sale of Industrial Assets: Sub Registrar vs. Dankuni Steels Ltd. (2023) LEGAL ISSUE: Determination of stamp duty on the sale of industrial assets, specifically whether plant and machinery should be included in the valuation of immovable property. CASE TYPE: Civil Appellate Jurisdiction Case Name: The Sub Registrar, Amudalavalasa & […]
Supreme Court Clarifies Stamp Duty on Court Auction Sales: Registrar of Assurances vs. ASL Vyapar (2022) LEGAL ISSUE: Whether the Registering Authority can assess market value of a property sold through court-monitored public auction for stamp duty purposes. CASE TYPE: Property Law, Stamp Duty Case Name: Registrar of Assurances & Anr. vs. ASL Vyapar Private
Supreme Court Clarifies Powers of Appellate Authority under Section 47A of the Indian Stamp Act LEGAL ISSUE: Scope of powers of the appellate authority under Section 47A of the Indian Stamp Act, 1899, in cases of undervaluation of property during registration. CASE TYPE: Stamp Duty, Property Valuation Case Name: The Inspector General of Registration, Tamil
