Agreement for Sale With Possession Constitutes Conveyance; Full Stamp Duty Payable at Execution: Supreme Court

In a landmark judgment delivered on September 24, 2024, the Supreme Court of India upheld the principle that agreements for sale which include a transfer of possession constitute a conveyance under the Maharashtra Stamp Act, 1958, and are subject to full stamp duty at the time of execution. The Court dismissed the appeal of Shyamsundar

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