Stamp duty

Querist : Anonymous (Querist) 04 June 2011 This query is : Resolved
Just wanted someone to throw some light on this issue... Just consider a flat which has defaulted in payment of stamp-duty and which has now been demolished for the purpose of Redevelopment..Is Stamp duty for the said flat recoverable with penalty from the owner of the said flat after the demolition..

Follow Query

Report Abuse

prabhakar singh (Expert) 04 June 2011
stamp duty is payable by buyer.Its' deficiency is recoverable any time when it comes to light to gather with 10times penalty.

B.B.R.Goud. (Expert) 04 June 2011
yes. i do agree with the learned counsel friend.

Querist : Anonymous (Querist) 05 June 2011
I too agree with your comments but what if the buyer i.e the builder has reconstructed a new building and a new society is formed after that. Now in this case who shall be responsible because the buyer has sold the new premises to new tenants and has been off his rights in the said premises.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now