2016 (3) TMI 1435 - SC - Indian Laws

Liability of Stamp Duty payable by the developer and the allottees - bipartite agreement between the State and the developer - Sections 33/47(A) of the Indian Stamp Act, 1899 - HELD THAT:- Bereft of the required materials before the High Court, the Court was not justified in adjudicating the issue at the first instance when there is a statutory scheme provided for adjudication of such issues by the competent authorities concerned.

In that view of the matter, without expressing any further opinion, the judgment is set aside. The parties are relegated to the competent authority under the Indian Stamp Act in the State of Uttar Pradesh for the adjudication of the dispute - appeal disposed off.