What are the consequencies of under payment of stamp duty for documents like
1. Deed of Hypothecation
2. Loan Agreement.
What are the consequencies of under payment of stamp duty for documents like
1. Deed of Hypothecation
2. Loan Agreement.
The creditor holding the said understamped documents cannot enforce it against his debtor even in a court of law, so much so the documents are invalid abinitio
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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