Non execution of document: Bombay HC quashes order rejecting refund of stamp duty [Read Order]

Stamp Duty Value - Agreement - Registration - ITAT - Taxscan

A Single Bench of the Bombay High Court quashed order rejecting refund of stamp duty as being barred by limitation on the ground of non-execution of document under consideration. After negotiations and rounds of discussion, the owners of the land, in principle, agreed to execute a development agreement for a consideration of Rs. 1 crore…

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