https://www.taxtmi.com/news?id=72752 Stamp duty exemption claims for a high-value land sale deed in Mundhwa were rejected, and the recovery of deficit duty and penalty was sustained after appellate review by the Maharashtra State Chief Controlling Revenue Authority. After issuance of show-cause notices and consideration of the company's written reply, the Collector of Stamps assessed duty liability at about Rs 21 crore, including duty under the Maharashtra Stamp Act and additional municipal levies. The authority held that the exemption claim was untenable and affirmed the earlier order directing payment of the stamp duty and penalty. en-us Tue, 12 May 2026 23:01:05 +0530 Tue, 12 May 2026 23:01:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72752 Stamp duty exemption claims for a high-value land sale deed in Mundhwa were rejected, and the recovery of deficit duty and penalty was sustained after appellate review by the Maharashtra State Chief Controlling Revenue Authority. After issuance of show-cause notices and consideration of the company's written reply, the Collector of Stamps assessed duty liability at about Rs 21 crore, including duty under the Maharashtra Stamp Act and additional municipal levies. The authority held that the exemption claim was untenable and affirmed the earlier order directing payment of the stamp duty and penalty. News - Tue, 12 May 2026 23:01:05 +0530 https://www.taxtmi.com/news?id=72752