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Supreme Court: “Substance of the Deed, Not Its Title, Determines Stamp Duty” — Court Upholds Allahabad High Court’s Finding That ‘Security Bond cum Mortgage Deed’ Executed Without Surety Is Chargeable Under Article 40, Not Article 57 of the Indian Stamp Act
Court’s Decision The Supreme Court, in a judgment delivered by Justices Ahsanuddin Amanullah and Prashant Kumar Mishra, dismissed two civil appeals challenging the orders of the Allahabad High Court, which…
