Supreme Court Modifies Penalty on Stamp Duty, Addresses Subsequent Purchaser Liability: M/S. MSD Real Estate LLP vs. The Collector of Stamps (2020)

/ Ashok Bhushan, Building Permissions, Judges, M.R. Shah, Property Law, R. Subhash Reddy, Stamp Act, Stamp Act with Penalty, Stamp Duty, Subsequent Purchaser Liability

Supreme Court Modifies Penalty on Stamp Duty, Addresses Subsequent Purchaser Liability: M/S. MSD Real Estate LLP vs. The Collector of Stamps (2020) LEGAL ISSUE: Whether a subsequent purchaser of a property is liable for the penalty imposed on the previous owner for stamp duty deficiency, and the validity of cancelling building permissions due to outstanding […]

Supreme Court Modifies Penalty on Stamp Duty, Addresses Subsequent Purchaser Liability: M/S. MSD Real Estate LLP vs. The Collector of Stamps (2020) Read Post »