https://www.taxtmi.com/caselaws?id=768514 A sale certificate issued in a court-supervised public auction is not to be treated as an ordinary conveyance for enhanced stamp duty, and the settled duty and registration charges applicable to such a certificate remain 5% and 1%. Section 47-A of the Indian Stamp Act, 1899 does not apply to a transparent court-monitored auction because the price is fixed through open bidding, leaving no scope for undervaluation reference by the registering authority. The impugned enhanced demand and the Section 47-A proceedings were set aside, with refund of the excess duty directed with interest. en-us Tue, 23 Jul 2024 00:00:00 +0530 Sat, 12 Apr 2025 22:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768514 A sale certificate issued in a court-supervised public auction is not to be treated as an ordinary conveyance for enhanced stamp duty, and the settled duty and registration charges applicable to such a certificate remain 5% and 1%. Section 47-A of the Indian Stamp Act, 1899 does not apply to a transparent court-monitored auction because the price is fixed through open bidding, leaving no scope for undervaluation reference by the registering authority. The impugned enhanced demand and the Section 47-A proceedings were set aside, with refund of the excess duty directed with interest. Case-Laws Indian Laws Tue, 23 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768514