https://www.taxtmi.com/caselaws?id=301450 Where a statute creates a specialised mechanism for determining stamp duty liability, the High Court should not decide the issue at the first instance without the necessary factual foundation. The dispute concerned stamp duty on agreements involving a developer and allottees, including whether the transaction amounted to a lease. Because the material before the High Court was insufficient and the Indian Stamp Act, 1899 provided for adjudication by the competent authority, the matter was left to that statutory forum. The impugned judgment was set aside and the parties were remitted for notice, hearing, and decision on merits within the time fixed. en-us Wed, 09 Mar 2016 00:00:00 +0530 Tue, 11 Jul 2023 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301450 Where a statute creates a specialised mechanism for determining stamp duty liability, the High Court should not decide the issue at the first instance without the necessary factual foundation. The dispute concerned stamp duty on agreements involving a developer and allottees, including whether the transaction amounted to a lease. Because the material before the High Court was insufficient and the Indian Stamp Act, 1899 provided for adjudication by the competent authority, the matter was left to that statutory forum. The impugned judgment was set aside and the parties were remitted for notice, hearing, and decision on merits within the time fixed. Case-Laws Indian Laws Wed, 09 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301450