https://www.taxtmi.com/caselaws?id=379880 The court quashed the impugned order dated February 8, 2018, regarding the stamp duty payable in a scheme of amalgamation. It directed the petitioner to pay stamp duty at half a percent on the value of the issued share capital of the transferee company. The court clarified that the higher stamp duty provision in Article 23A does not refer to the highest rate under Article 23. Previous judicial pronouncements supported the court's interpretation. The petition was disposed of without costs. en-us Fri, 03 May 2019 00:00:00 +0530 Thu, 22 Aug 2019 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379880 The court quashed the impugned order dated February 8, 2018, regarding the stamp duty payable in a scheme of amalgamation. It directed the petitioner to pay stamp duty at half a percent on the value of the issued share capital of the transferee company. The court clarified that the higher stamp duty provision in Article 23A does not refer to the highest rate under Article 23. Previous judicial pronouncements supported the court's interpretation. The petition was disposed of without costs. Case-Laws Companies Law Fri, 03 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379880