versus Inland Revenue, the Court of Session held that the grant of a lease to a nominee company which was held on bare trust for the owners of the freehold estate under a previously executed deed was a nullity, and thus the stamp duty of �22,000 on the disposal of the estate by ...
Stamp duty doubled in Maharashtra from 1.7.09Ankur GargEmail thisPrint this
Maharashtra Government on Wednesday announced the stamp duty amnesty scheme whereby property purchasers who did not pay stamp duty on purchase agreements can regularise the sale by paying duty with a nominal penalty. Under the scheme, flat-owners who
Paying Stamp Duty in Maharashtra Electronic-stamping is not available in Maharashtra as the licence for SHCIL was not renewed by the state. Hence, since July 2013,you can pay stamp duty online via an electronic secured bank treasury receipt (eSBTR)-an online payment service.It is not an opti...
Whenever there has been a reduction in the stamp duty in the past, it has only driven an increase in revenue in the government treasury,” said Jaxay Shah, Chairman, CREDAI National. Following the announcement of lockdown in March, the Maharashtra government had decided t...
Stamp duty is one of the major sources of revenue for every state. For the state of Maharashtra, stamp duty is the second largest source of revenue after sales tax. It must be ensured that, in any event, stamp duty is purchased in the name of a person or company who is party to the...