Interest Can't Be Demanded When Entire Stamp Duty Paid During Pendency Of Appeal: Madras High Court

MADURAI – In a significant ruling, the Madurai Bench of Madras High Court addressed a review application filed by the Chief Revenue Controlling Authority, Chennai, and the Special Deputy Collector (Stamps), Thanjavur, against R. Muniyandi, regarding the market value assessment and additional stamp duty on a property. The case, which involves important interpretations of the Indian Stamp Act, 1899, highlights the legal intricacies of property valuation and stamp duty calculations.…