Case Law Analysis
|Karnataka High Court
Article 5(e)(i) Karnataka Stamp Act | Prior Possession Without Explicit Agreement Clause Does Not Trigger Higher Stamp Duty : Kar HC
The Karnataka High Court clarified that higher stamp duty under Article 5(e)(i) of the Karnataka Stamp Act is only applicable if the sale agreement expressly provides for delivery of possession. Mere prior physical possession does not suffice, protecting parties from unintended duty escalations in real estate transactions.