Court stays recovery of Bhushan’s stamp duty
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The Allahabad High Court Friday stayed the recovery of stamp duty, subject to making a deposit of Rs 30 lakh, from former law minister Shanti Bhushan in connection with the alleged stamp duty evasion in the purchase of a bungalow. Bhushan will have to deposit the amount within a month.
Justice Sunil Hali passed the order on Bhushan's plea against the orders of the Chief Controlling Revenue Authority, Board of Revenue, and the Assistant Commissioner, Stamp, in connection with the alleged stamp duty evasion by him in purchase of a bungalow.
On January 6, the Assistant Commissioner, Stamp, had found Bhushan guilty of evading stamp duty and slapped a fine of Rs 27 lakh. Bhushan was also asked to pay the difference of Rs 1.32 crore plus interest. Bhushan appealed against the order before the CCRA.
On October 8, the CCRA rejected Bhushan's appeal and ordered him to pay.
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