https://www.taxtmi.com/caselaws?id=295527 A mortgage deed executed in favour of a security trustee for thirteen lenders was treated as an instrument relating to several distinct matters because it secured multiple independent lending transactions within one document. Section 5 of the Gujarat Stamp Act, 1958 applied, while Section 4 was distinguished as covering several instruments used to complete one transaction. The fact that the lenders belonged to the same general category did not prevent the underlying loans from remaining distinct matters. Aggregate stamp duty was therefore chargeable, and the deficit duty with interest was payable. en-us Tue, 11 Aug 2015 00:00:00 +0530 Tue, 08 Jun 2021 09:09:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295527 A mortgage deed executed in favour of a security trustee for thirteen lenders was treated as an instrument relating to several distinct matters because it secured multiple independent lending transactions within one document. Section 5 of the Gujarat Stamp Act, 1958 applied, while Section 4 was distinguished as covering several instruments used to complete one transaction. The fact that the lenders belonged to the same general category did not prevent the underlying loans from remaining distinct matters. Aggregate stamp duty was therefore chargeable, and the deficit duty with interest was payable. Case-Laws Indian Laws Tue, 11 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295527