https://www.taxtmi.com/caselaws?id=113594 A certificate of sale issued by the Official Liquidator in a public auction is chargeable to stamp duty, because the Stamp Act operates independently of the Registration Act. Although certificates of sale may fall within the Registration Act exemption from compulsory registration, that exemption does not extend to stamp liability under the charging provisions of the Stamp Act. The document was also analysed alongside the Transfer of Property Act, which ordinarily requires a registered instrument for sale of tangible immovable property of the relevant value. Accordingly, the auction purchaser may choose the form of document, but remains liable for the applicable stamp duty and the consequences of non-payment or non-registration. en-us Wed, 23 Dec 2009 00:00:00 +0530 Mon, 20 Oct 2014 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113594 A certificate of sale issued by the Official Liquidator in a public auction is chargeable to stamp duty, because the Stamp Act operates independently of the Registration Act. Although certificates of sale may fall within the Registration Act exemption from compulsory registration, that exemption does not extend to stamp liability under the charging provisions of the Stamp Act. The document was also analysed alongside the Transfer of Property Act, which ordinarily requires a registered instrument for sale of tangible immovable property of the relevant value. Accordingly, the auction purchaser may choose the form of document, but remains liable for the applicable stamp duty and the consequences of non-payment or non-registration. Case-Laws Companies Law Wed, 23 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113594