https://www.taxtmi.com/caselaws?id=460805 An agreement to sell is chargeable as a sale under Explanation I to Article 47-A of Schedule 1A of the Indian Stamp Act when it is followed by delivery of possession or itself recites or evidences that possession has already been delivered. The provision is to be read in its plain fiscal sense, with the document itself as the primary guide. Direct, contemporaneous, past, or symbolic delivery of possession can satisfy the requirement where the agreement shows a change in the jural relationship. Mere continued possession is not decisive if the agreement records delivery. Such instruments therefore attract stamp duty as a sale. en-us Fri, 20 Aug 1999 00:00:00 +0530 Fri, 21 Feb 2025 16:34:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460805 An agreement to sell is chargeable as a sale under Explanation I to Article 47-A of Schedule 1A of the Indian Stamp Act when it is followed by delivery of possession or itself recites or evidences that possession has already been delivered. The provision is to be read in its plain fiscal sense, with the document itself as the primary guide. Direct, contemporaneous, past, or symbolic delivery of possession can satisfy the requirement where the agreement shows a change in the jural relationship. Mere continued possession is not decisive if the agreement records delivery. Such instruments therefore attract stamp duty as a sale. Case-Laws Indian Laws Fri, 20 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460805