Bombay HC quashes stamp duty demands on Goregaon property transactions

The Bombay High Court quashed stamp duty demands exceeding ₹2 crore on Goregaon property transactions, ruling that authorities must assess the entire chain of documents. Justice Amit Borkar emphasized that multiple deals should not be treated as separate sales. This decision, stemming from four petitions, impacts how property transactions are evaluated in terms of stamp duty liability.

Read the source (ET Realty Regulatory)

More from News Studio