PIL says over Rs 650 crore due as stamp duty, Bombay HC seeks state reply

MUMBAI: The Bombay high court on Friday issued notice to the state government and called for its reply to a public interest litigation that highlights lack of stamp duty recovery in over 35,000 cases in three decades between 1970 and 2000. The PIL by RTI activist Sunil Kaushik points at lack of government action against defaulter including prominent builders, actors, leading companies, even the civic administration and state corporations.

The activist's lawyer Vedchetan Patil said that the reports by Comptroller and Auditor General (CAG) between 2001-12 reveal stamp duty evasion of over Rs 675 crore over the years. Air India, The Tata Institute of Fundamental Research, State financial corporation, oil companies and banks are among those who haven't paid stamp duty for over two decades for properties they purchased, said the PIL relying on data posted on the government deparment's website. Kaushik seeks a probe into the government's inaction.

The plea is also for digitisation of stamp duty records. It also said the losses to the state exchequer could be higher, even over Rs 5,000 crore, if pending cases and possible undervaluation is considered.

The registration and stamps department website showed most defaulters belonged to Borivli and Andheri areas.

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PIL says over Rs 650 crore due as stamp duty, Bombay HC seeks state reply

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