Allowed
State of Rajasthan v. Indus Tower Ltd.
Rajasthan HCSAW/54/2019
Case brief
AI extract
What is this about?
Stamp-duty concessions for leases with fixed rent and no premium were held unavailable where security deposits were stipulated. The court upheld the notification's survival after repeal but allowed the State's appeals on its scope, set aside the Single Judge and Tax Board orders, and directed recovery proceedings for short-paid duty.
What did the court decide?
Single Judge and Tax Board orders set aside; concession notification held inapplicable to the leases; competent authority directed to initiate recovery of short-paid stamp duty.