Once stamp duty paid on Development Agreement, no separate stamp duty can be levied on individual Allotment Agreements: Bombay High Court

The Court quashed two circulars that had imposed a separate stamp duty on PAAs, thereby exceeding the ₹100 stamp duty payable on "incidental" documents under Section 4 of the Stamp Act.
Bombay HC and Stamp Duty
Bombay HC and Stamp Duty

In a landmark ruling, the Bombay High Court recently held that once stamp duty has been paid on the development agreement (DA), no separate stamp duty can be levied on individual permanent alternate accommodation agreements (PAAs) which are entered into when flat owners are given new accommodation in place of their earlier accommodation as part of redevelopment projects [Adityaraj Builders v. State of Maharashtra & Ors.]

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