https://www.taxtmi.com/caselaws?id=296742 The court allowed the revision petition, overruling the objection on the promissory note's admissibility based on stamp paper origin. The court emphasized the curability of defects under Section 37 of the Act and the mechanism provided for curing such defects. The court highlighted the purpose of stamp paper as authenticating transactions, with revenue collection being secondary. The Supreme Court precedent clarified the applicability of central laws to instruments like promissory notes, supporting the petitioner's argument regarding the validity of the promissory note. en-us Wed, 31 Oct 2012 00:00:00 +0530 Thu, 05 Aug 2021 14:49:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296742 The court allowed the revision petition, overruling the objection on the promissory note's admissibility based on stamp paper origin. The court emphasized the curability of defects under Section 37 of the Act and the mechanism provided for curing such defects. The court highlighted the purpose of stamp paper as authenticating transactions, with revenue collection being secondary. The Supreme Court precedent clarified the applicability of central laws to instruments like promissory notes, supporting the petitioner's argument regarding the validity of the promissory note. Case-Laws Indian Laws Wed, 31 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296742