The Supreme Court has held that an agreement to sell executed between a landlord and a tenant, who is already in possession of the property, does not amount to a “deemed conveyance” or “sale” for the purpose of stamp duty unless the possession is handed over in part performance of the agreement or there is
Tenant in Possession Entering Agreement to Sell Does Not Constitute ‘Deemed Conveyance’ Unless Tenancy is Surrendered: Supreme Court
