Archive · 22 Jun 2025
Firm Faces Case Over Alleged Stamp Duty Evasion on Toll Lease
Imagine a company got a deal to collect money from a highway toll for 15 years.
The deal was worth a lot of money, over 3000 crore rupees!
Usually, when you make a big deal, you have to pay a tax called stamp duty.
This company should have paid over 60 crore rupees, but they only paid 100 rupees!
Now, the government is saying they did something wrong and filed a case in court.
The court will decide what happens next, but it's about a company possibly trying to avoid paying the correct taxes.
A Delhi-based firm is accused of paying only Rs 100 in stamp duty for a 15-year toll plaza lease.
The lease covers a 72-km stretch of NH-19 between Prayagraj and Varanasi.
The contract value for the lease is Rs 3,144 crore.
The required stamp duty was Rs 62.87 crore, but the firm paid significantly less.
A case has been filed in the Bhadohi district collector's court against the firm.
- Who
- A Delhi-based firm is accused of the wrongdoing. The case is filed by Pankaj Singh, AIG, Registration, Bhadohi.
- What
- A case filed against a firm for allegedly underpaying stamp duty on a toll plaza lease.
- When
- The lease agreement was made on March 18, 2023. The case was filed in the court of the district collector on June 20, with a hearing scheduled for the first week of July.
- Where
- The case is in the court of the Bhadohi district collector, concerning a toll plaza on NH-19 in Uttar Pradesh.
- Why
- The firm is accused of causing a financial loss to the government by paying significantly less stamp duty than required.
Government's View
Firm's View
Financial Loss
Government's View
The firm caused a financial loss to the government.
Firm's View
The firm's defense, if any, is not provided in the article.
- Firm Location
- Delhi-based
- Lease Duration
- 15 years
- NH
- NH-19
- Toll Plaza Location
- Prayagraj to Varanasi
- Contract Value
- Rs 3,144 crore
- Required Stamp Duty
- Rs 62.87 crore
- Stamp Duty Paid
- Rs 100