https://www.taxtmi.com/caselaws?id=764239 A bona fide compromise decree relating only to the subject-matter of the suit was held not to require compulsory registration under the Registration Act, 1908, because it did not create any fresh right in property outside the dispute and merely recorded pre-existing rights. For the same reason, the decree was not chargeable to stamp duty under the Indian Stamp Act, 1899, as it did not operate as a conveyance of a new title. The challenge based on non-registration and stamp duty therefore failed, and the revenue authorities' orders could not stand. en-us Fri, 20 Dec 2024 00:00:00 +0530 Tue, 07 Jan 2025 07:56:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764239 A bona fide compromise decree relating only to the subject-matter of the suit was held not to require compulsory registration under the Registration Act, 1908, because it did not create any fresh right in property outside the dispute and merely recorded pre-existing rights. For the same reason, the decree was not chargeable to stamp duty under the Indian Stamp Act, 1899, as it did not operate as a conveyance of a new title. The challenge based on non-registration and stamp duty therefore failed, and the revenue authorities' orders could not stand. Case-Laws Indian Laws Fri, 20 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764239