Adjudication for Assessing Stamp Duty required to be made by Determining True Market Value of Property: Bombay HC [Read Order]

Adjudication for assessing stamp duty required to be made by determining true market value of property, rules Bombay HC
Bombay High Court - Stamp Duty - Adjudication for Assessing Stamp Duty - Tax news - taxscan

In a recent decision the Bombay High Court held that the adjudication for assessing stamp duty is required to be made by determining the true market value of the property. This petition challenged an order passed by the Chief Controlling Revenue Authority rejecting the appeal preferred under Section 53(1A) of the Maharashtra Stamp Act, 1958…

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