https://www.taxtmi.com/caselaws?id=272697 A lease of touring-cinema properties was held not to attract stamp duty under Article 30(a)(1) because the equipment was collapsible, removable, and only temporarily fastened or embedded for use. The Court treated temporary fixation of machinery or poles as insufficient to convert such property into immovable property. On the lease deed terms, there was no material to show that the subject matter was immovable property, so the lease fell outside the stamp-duty provision applicable to leases of immovable property. en-us Mon, 28 Mar 1955 00:00:00 +0530 Mon, 14 May 2018 10:26:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272697 A lease of touring-cinema properties was held not to attract stamp duty under Article 30(a)(1) because the equipment was collapsible, removable, and only temporarily fastened or embedded for use. The Court treated temporary fixation of machinery or poles as insufficient to convert such property into immovable property. On the lease deed terms, there was no material to show that the subject matter was immovable property, so the lease fell outside the stamp-duty provision applicable to leases of immovable property. Case-Laws Indian Laws Mon, 28 Mar 1955 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272697