parul khuran 01 December 2021
Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 ) 01 December 2021
penalty to be paid with interest
Anaita Vas 01 December 2021
When proper stamp duty is not paid on the instrument at that time certain penalty is imposed by the collector. This penalty may be of the payment of the insufficient stamp duty and fine of Rs. 500 or he may take the fine up to 10 time of the insufficient stamp duty.
Omprakash v. Laxminarayan, Javer Chand And Others vs Pukhraj Surana and Bipin Shantilal Panchal vs. State of Gujarat are some cases that are similar to your query.
Regards,
Anaita Vas
Jeevan Patil 02 December 2021