Stamps dept under scanner over non-levy of duty

The stamps and registration department has come under the scanner of the Comptroller and Auditor General (CAG),which has come across stamp duty to the tune of Rs 12.03 crore not being levied on the transfer of commercial airline division of Kingfisher Airlines to Deccan Aviation. According to the CAG report (revenue sector) tabled in the Assembly, two distinct transactions (one pertaining to the …

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