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Delhi High Court upholds 10% deduction on refund of unused stamp duty — “Section 54 expressly mandates deduction; Maharashtra ruling in Rajeev Nohwar inapplicable” — appeal dismissed

1. Court’s decision The Delhi High Court dismissed an intra-court appeal (LPA 1177/2024) filed by an auction purchaser who challenged a 10% deduction made by the Collector of Stamps while…

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Rawlaw December 13, 2025

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Madras High Court holds “Section 10A deduction operates at the stage of computation of profits and not after set-off” — losses of eligible STPI units can be adjusted against other income and IPLC payments held non-royalty

Court's decision The Madras High Court partly allowed the appeals and answered several substantial questions of law in favour of the assessee. The Court held that losses incurred by Software…

Posted by

Rawlaw December 13, 2025

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