Stamp Duty Refunds Now Virtually Guaranteed for Unexecuted Flat Agreements

In a relief for homebuyers, the Bombay High Court has ruled that stamp duty paid on never-signed flat agreements must be refunded in full, even years later—declaring it “unjust enrichment” for the state and prioritizing family hardships over procedural delays.

Renewal of Lease = New Lease, Attracts Stamp Duty Bombay High Court

The Bombay High Court has ruled that renewal of a lease deed constitutes a new lease, attracting fresh stamp duty. The judgment in the Tejomay Apartments case will significantly impact property owners renewing long-term government leases across Maharashtra.

Government Extends Maharashtra Stamp Duty Amnesty Scheme to August 31,2024

The Government of Maharashtra has announced an extension of the Maharashtra Stamp…