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STAMP DUTIES LAW
Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...- Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rulesA woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...
- Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...
- Why are newspapers so big? Industrialist Harsh Goenka shares a surprising 300-year-old secret you may not knowA British tax law from over 300 years ago shaped the large size of newspapers. Publishers printed on bigger sheets to pay less tax. Even af...
- Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
- Karnataka High Court sets aside KIADB order in Rs 1,125 crore Lam Research land matterThe High Court passed the order after the company filed an affidavit clarifying its agreements with Lam Research India Pvt Ltd. The HC said...
- New PAN norms 2026: Where quoting is relaxed and where it’s now mandatoryNew Income Tax Rules, 2026 have relaxed PAN quoting for several transactions, including cash deposits and debit card applications. However,...
- Will registration at Rs 100 in Maharashtra: Why homeowners in cooperative societies, senior citizens should not delay estate planningA Will has always been optionally registrable under Section 18 of the Registration Act, 1908, and registration is not mandatory for validit...
- Centre rolls out transparency, safety and other state laws for Chandigarh; check what's newChandigarh's legal framework is set for a major upgrade. The Centre has extended five state laws to the Union Territory. These reforms aim ...
- SC restores SBI-led lenders' rights in Reliance InfratelThe Supreme Court has reinstated the SBI-led consortium as financial creditors of Reliance Infratel. The consortium is owed ₹3,628 crore. T...
- Buying agricultural land near a city? Key income tax rules you must knowAn ITAT ruling clarified that stamp duty valuation doesn't define agricultural land status for income tax. The tribunal emphasized that off...
- Everything you need to know about the Draft Indian Stamp Bill, 2023The Centre has released a draft of the proposed Indian Stamp Bill, 2023, to replace the outdated India Stamp Act, 1899. The draft bill intr...
- Brokerages set up shop in Daman to avail tax exemptionAny trade in equities is subject to various taxes including stamp duty.
- Maharashtra may cut stamp duty to stem flight of capitalFor instance, even a copy of an executed agreement has to be stamped for its full value if the original agreement has not been stamped in t...
- Ministry of Consumer Affairs opposes move to hike stamp duty on commodities futuresMCA has opposed the proposal to amend a law for hiking stamp duty on commodity futures, stating that the move will be a burden on the nasce...
- SE demutualisation: Government to withdraw stamp duty relaxationThe government has decided to withdraw the stamp duty relaxation available to stock exchanges on demutualisation to put pressure on the one...
- Don't leave out real estateUniform stamp duty on property deals will end rate wars among states.
- 5 years later, Centre & states agree to stamp duty changesDecks have been cleared for sweeping reform of the stamp duties law with states agreeing to an overhaul that will see simpler nation-wide r...
- SEZs run into stamp duty wallSpecial economic zones (SEZs) could be in for some tax trouble from the states. States have questioned the stamp duty exemption given by th...
- Govt may roll out uniform stamp duty, tighten normsThe Centre has finally initiated a move to usher in uniformity in the stamp duty rates across states in the medium term. This has been a lo...
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