Tuesday, August 25, 2026
Latest:
2026High CourtLatestLegalReal EstateRedevelopmentStamp Actstamp duty

Bombay HC – Refund of Stamp Duty with Interest on Cancellation of Development Agreement

legaldeli

Judgment dated 20.8.2026 of the High Court of Bombay in Writ Petition No.7566 of 2016 of Sai Innovation  Vs.  Joint District Registrar and Collector of Stamps, Pune City, Pune and others

Refund of Stamp Duty with Interest

In 2013, the Development Agreement with the owners of the property namely; Balawadkar was registered and stamp duty of Rs.70,12,500/- was paid.

Subsequently, the said agreement was cancelled and the owners had returned the consideration to the petitioner.

On 18.2.2014 the petitioner and the owners registered the cancellation deed.  On 7.4.2014, the petitioner applied for refund of the stamp duty.

The said refund application was rejected since it is not a conveyance covered by the proviso to section 48(2i) of the Bombay Stamp Act, 1958.

You May Also Like

Accident – Compensation – Truck driver – Considerations to determine Income

legaldeli

Electricity Act 2003 – Distribution Franchisee applied by the Central Shopping Mall for its shops – Challenge to the Final assessment order under Section 126- in writ petition – Efficacy of alternate remedy of Section 127

legaldeli

Electric Vehicles – New 2025 Policy of Government of Maharashtra

legaldeli

Leave a Reply

Your email address will not be published. Required fields are marked *

I HAVE READ THE DISCLAIMER AND AGREE TO IT.

User Acknowledgement

By proceeding further and clicking on the "AGREE" button herein below, I acknowledge that I of my own accord wish to know more about LegalDeli for my own information and use. I further acknowledge that there has been no solicitation, invitation or inducement of any sort whatsoever from LegalDeli or any of its members to create an Attorney-Client relationship through this knowledge site. I further acknowledge having read and understood the Disclaimer below.

Disclaimer
About: This knowledge-site (www.LegalDeli.in) is owned and operated by LegalDeli (“LD”), and is a resource for your informational and educational purposes only.

No Warranty: LD does not warrant that any content or information contained on this knowledge-site is accurate, correct, complete or up-to-date, and hereby disclaims any and all liability to any person for any actual or threatened loss or damage caused by errors or omissions, whether such errors or omissions result from negligence, accident or otherwise. LD assumes no liability for the interpretation and/or use of the content and/or information contained on this knowledge-site, nor does it offer any warranty of any kind, either expressed or implied in relation to such content or information.

Third-Party Links: LD does not intend that links / URLs contained on this knowledge-site re-directing users to third party websites be considered as referrals to, endorsements of, or affiliations with any such third party website operators. LD is not responsible for, and makes no representations or warranties, express or implied, about the content or information contained on such third party websites to which links may be provided on this knowledge-site.

No Legal Advice: By clicking ‘I agree’ and proceeding further, you acknowledge, represent and undertake that you on your own accord wish to know more about LD, its capabilities and research content and information contained on the knowledge-site, for your own knowledge and personal use. The content and information contained on this knowledge-site should not be construed as nor relied upon as legal advice. You as a reader or recipient of content or information contained in this knowledge-site should not act, nor refrain from acting, based upon any or all of such content or information, but should always seek the advice of competent legal counsel licensed to practice the relevant law in the appropriate jurisdiction.

No Attorney-Client Relationship: This knowledge-site is not intended to be and you should not consider the content or information contained therein to be an advertisement, solicitation, inducement or invitation for an Attorney-Client relationship. Transmission, receipt or use of this knowledge-site, including content and information contained therein, does not constitute nor create an Attorney-Client relationship between LD and you.

I Agree