https://www.taxtmi.com/caselaws?id=458431 The HC ruled in favor of the Petitioner, a limited liability partnership, affirming that the bid amount of Rs. 1,66,57,920/- accepted by the Justice Lodha Committee represented the market value of the property. The Court directed the Respondent to accept the calculated stamp duty of Rs. 9,99,475/- without demanding additional amounts or penalties. The Respondent was ordered to complete the registration formalities, and the Petitioner was given two weeks to pay the stamp duty. The rule was made absolute, and no costs were awarded. Compliance was required upon the presentation of a digitally signed order copy. en-us Tue, 11 Jan 2022 00:00:00 +0530 Sat, 26 Oct 2024 19:28:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458431 The HC ruled in favor of the Petitioner, a limited liability partnership, affirming that the bid amount of Rs. 1,66,57,920/- accepted by the Justice Lodha Committee represented the market value of the property. The Court directed the Respondent to accept the calculated stamp duty of Rs. 9,99,475/- without demanding additional amounts or penalties. The Respondent was ordered to complete the registration formalities, and the Petitioner was given two weeks to pay the stamp duty. The rule was made absolute, and no costs were awarded. Compliance was required upon the presentation of a digitally signed order copy. Case-Laws Indian Laws Tue, 11 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458431