https://www.taxtmi.com/caselaws?id=99542 A right to seek a reference under section 57(1) of the Indian Stamp Act carries a corresponding duty on the revenue authority to state the case when substantial questions of law are raised, and that duty is not lost merely because recovery proceedings have progressed or concluded. Separately, particulars filed in Form 3 under section 75(2) of the Companies Act, 1956 are deemed to be an instrument for stamp purposes, and duty is levied according to the legal character of the underlying oral contract. Where those particulars disclose a transfer of immovable property in consideration of share allotment, they attract stamp duty as a conveyance. en-us Wed, 16 Nov 1977 00:00:00 +0530 Fri, 27 Jan 2012 17:20:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99542 A right to seek a reference under section 57(1) of the Indian Stamp Act carries a corresponding duty on the revenue authority to state the case when substantial questions of law are raised, and that duty is not lost merely because recovery proceedings have progressed or concluded. Separately, particulars filed in Form 3 under section 75(2) of the Companies Act, 1956 are deemed to be an instrument for stamp purposes, and duty is levied according to the legal character of the underlying oral contract. Where those particulars disclose a transfer of immovable property in consideration of share allotment, they attract stamp duty as a conveyance. Case-Laws Companies Law Wed, 16 Nov 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99542