https://www.taxtmi.com/caselaws?id=761313 Delhi HC held that the respondent's jurisdiction to adjudicate stamp duty under sections 31 and 33 of the Indian Stamp Act, 1899 was barred by limitation. The petitioner filed Form 21 for merger registration on 07.12.2011, but the respondent issued show-cause notice on 20.03.2014, exceeding the two-year limitation period under section 47A(3). The court found that the merger between wholly owned subsidiaries of a common parent company was exempt from stamp duty under Notification no. 13 dated 25.12.1937. The show-cause notice and impugned order were quashed and set aside. Petition allowed. en-us Wed, 06 Nov 2024 00:00:00 +0530 Fri, 08 Nov 2024 19:58:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761313 Delhi HC held that the respondent's jurisdiction to adjudicate stamp duty under sections 31 and 33 of the Indian Stamp Act, 1899 was barred by limitation. The petitioner filed Form 21 for merger registration on 07.12.2011, but the respondent issued show-cause notice on 20.03.2014, exceeding the two-year limitation period under section 47A(3). The court found that the merger between wholly owned subsidiaries of a common parent company was exempt from stamp duty under Notification no. 13 dated 25.12.1937. The show-cause notice and impugned order were quashed and set aside. Petition allowed. Case-Laws Companies Law Wed, 06 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761313