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    <title>STAMP DUTY -AMENDMENT IN MP- POWER OF ATTORNEY TO AGENTS NOT BEING SPECIFIED RELATIVES,IS A VALID CLASSIFICATION – LEVY OF STAMP DUTY ON MARKET VALUE IS UPHELD BY THE SUPREME COURT.</title>
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    <description>Amendment imposing stamp duty on powers of attorney given without consideration to persons who are not specified close relatives was upheld as a valid intelligible classification to prevent use of power of attorney as a device to transfer immovable property and evade stamp duty, the classification having a direct nexus to the object of the Indian Stamp Act and not being arbitrary.</description>
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    <pubDate>Mon, 21 May 2012 12:41:41 +0530</pubDate>
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      <description>Amendment imposing stamp duty on powers of attorney given without consideration to persons who are not specified close relatives was upheld as a valid intelligible classification to prevent use of power of attorney as a device to transfer immovable property and evade stamp duty, the classification having a direct nexus to the object of the Indian Stamp Act and not being arbitrary.</description>
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