Section 47-A

Supreme Court Doubts the 'Fraudulent Intent' Test for Stamp Duty Undervaluation, Refers the Question to a Larger Bench

A two-judge Bench of the Supreme Court has cast doubt on a sixteen-year-old precedent requiring proof of dishonest intent before a registering authority can refer an undervalued sale deed for a stamp-duty enquiry — and referred the question to a larger Bench rather than decide it alone.