https://www.taxtmi.com/caselaws?id=308396 Windmill machinery sold with land and described in the registered sale deed was treated as immovable property for stamp duty purposes. The governing test was whether the article was permanently annexed to the earth or attached for the beneficial enjoyment of the property, with the intention and object of annexation being decisive. Because the machinery formed part of a composite transfer, could not exist independently of the land, and was included in the deed schedule, its value was liable to stamp duty. Collateral arrangements could not be relied on to exclude that value from the instrument presented for registration. en-us Tue, 24 Apr 2018 00:00:00 +0530 Thu, 22 Jun 2023 19:23:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308396 Windmill machinery sold with land and described in the registered sale deed was treated as immovable property for stamp duty purposes. The governing test was whether the article was permanently annexed to the earth or attached for the beneficial enjoyment of the property, with the intention and object of annexation being decisive. Because the machinery formed part of a composite transfer, could not exist independently of the land, and was included in the deed schedule, its value was liable to stamp duty. Collateral arrangements could not be relied on to exclude that value from the instrument presented for registration. Case-Laws Indian Laws Tue, 24 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308396