https://www.taxtmi.com/caselaws?id=758059 Where a party elects to have an insufficiently stamped instrument received in evidence under Section 34 of the Karnataka Stamp Act and agrees to pay proper duty and penalty, the court may enforce the statutory penalty, including ten-times penalty on the deficit stamp duty. The party cannot later insist on sending the document to the District Registrar under the alternate procedure in Section 37(2) or Section 39. The settled stamp-duty scheme was applied to uphold the trial court's direction, and the challenge to the stamp-duty order failed. en-us Mon, 02 Sep 2024 00:00:00 +0530 Fri, 06 Sep 2024 19:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758059 Where a party elects to have an insufficiently stamped instrument received in evidence under Section 34 of the Karnataka Stamp Act and agrees to pay proper duty and penalty, the court may enforce the statutory penalty, including ten-times penalty on the deficit stamp duty. The party cannot later insist on sending the document to the District Registrar under the alternate procedure in Section 37(2) or Section 39. The settled stamp-duty scheme was applied to uphold the trial court's direction, and the challenge to the stamp-duty order failed. Case-Laws Indian Laws Mon, 02 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758059