https://www.taxtmi.com/caselaws?id=188409 The right to catch fish in a tank was treated as a benefit arising out of land and, therefore, an immovable property in the nature of a profit a prendre. On that basis, the grant was held liable to stamp duty, and where statutory conditions are met, to registration. However, a lease for nine months did not meet the statutory threshold for compulsory registration, since such registration is required only for leases from year to year, for terms exceeding one year, or reserving yearly rent. The instrument remained chargeable to stamp duty, but compulsory registration was not attracted by duration alone. en-us Mon, 11 Sep 1995 00:00:00 +0530 Wed, 30 Nov 2016 11:21:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188409 The right to catch fish in a tank was treated as a benefit arising out of land and, therefore, an immovable property in the nature of a profit a prendre. On that basis, the grant was held liable to stamp duty, and where statutory conditions are met, to registration. However, a lease for nine months did not meet the statutory threshold for compulsory registration, since such registration is required only for leases from year to year, for terms exceeding one year, or reserving yearly rent. The instrument remained chargeable to stamp duty, but compulsory registration was not attracted by duration alone. Case-Laws Indian Laws Mon, 11 Sep 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188409