PIL on imposition and collection of stamp duty
The Delhi High Court has sought response of the Centre and the city government on a plea for quashing of the existing circle rates in the national capital. A bench of Chief Justice G Rohini also directed the Municipal Corporation of Delhi (MCD) to file its reply whether it is charging stamp duty on the basis of circle rates or value of the transaction, whichever is higher.
The court asked the authorities concerned to file counter affidavit by November 5. It was hearing a PIL filed by lawyer Amit Gupta seeking a stay on the imposition and collection of stamp duty as well as transfer duty in Delhi on the basis of circle rates, till the petition is disposed of.
The circle rates do not distinguish between the particular floor or a property – and circle rates for a basement floor is the same as the circle rates for the ground floor according to the petition, filed through advocate Anirudh Wadhwa? The plea further said that the imposition of stamp duty as well as transfer duty based on circle rates is thus, arbitrary, unreasonable and clearly illegal and is significantly prejudicing each and every person in Delhi who has or is looking to get immovable property.
Source: The Economic Times
