Interest Can't Be Demanded When Entire Stamp Duty Paid During Pendency Of Appeal: Madras High Court

The Madras High Court addressed a case concerning the interest on unpaid stamp duty. The appellant contested an order that mandated interest payment on delayed stamp duty. The court examined whether the appeal was valid and if the interest imposition was justified. The High Court ruled that the appellant was indeed liable for the interest due to the delayed payment. The decision emphasized the importance of adhering to statutory requirements regarding stamp duty and underscored the necessity of timely payments to avoid additional penalties.