Bombay High court to examine whether separate stamp duty payable on agreements during society redevelopment

The Court was hearing pleas challenging two circulars issued by the Maharashtra government regarding the payment of stamp duty on documents executed after redevelopment of a property.
Bombay High Court
Bombay High Court

The Bombay High Court is set to decide the issue of whether separate stamp duty is payable on the instruments executed during redevelopment projects in Maharashtra with individual members, like on permanent alternate accommodation agreement (PAAA) [Adityaraj Builders v. State of Maharashtra and Ors.].

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