Refund Granted: 90% Stamp Duty Returned for Unexecuted Property Transaction, Aligning with Stamp Allowance Scheme.

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....Refund of stamp duty - Stamp papers purchased for registration of immovable property but the same could not be executed - The denial of refund of the stamp duty collected even though no duty is payable because the charging event has not occurred and the cause of action for claiming the refund has not arisen, militates against the scheme of providing for allowance of stamps. - Refund of 90% of stamp duty allowed - HC....