SHRI JITENDRA MANOHARDAS THAKKER AND ANR vs THE DEPUTY INSPECTOR GENERAL OF REGISTRATION AND DEPUTY CONTROLLER OF STAMPS AND ANR

Judgment text excerpt

37WP.2370-24with-WP.12233-23.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 2370 OF 2024 Jitendra Manohardas Thakker & Anr. …Petitioners Versus The Deputy Inspector General …Respondents of Registration and Deputy Controller of Stamps & Ors. WITH WRIT PETITION NO. 12233 OF 2023 Mr. G.S. Godbole, Senior Advocate a/w. Pradeep J. Thorat, Aditi S. Naikare and Aniesh S. Jadhav for the Petitioners in Writ Petition No. 2370 of 2024. Mr. Pradeep J. Thorat a/w. Aditi S. Naikare , for the Petitioners in Writ Petition No. 12233 of 2023. Mr. R.S. Pawar, AGP for the State in Writ Petition No. 2370 of 2024. Ms. V.R. Raje, AGP for the State in Writ Petition No. 12233 of 2023. CORAM : SOMASEKHAR SUNDARESAN, J. DATE : FEBRUARY 16, 2026 ORAL JUDGEMENT: 1. Rule. Rule made returnable forthwith and by consent parties taken up for final hearing. Digitally signed by AARTI AARTI GAJANAN Page 1 of 19 GAJANAN PALKAR PALKAR Date: 2026.04.06 17:45:42 February 16, 2026 +0530 MPBalekar/Aarti Palkar 37WP.2370-24with-WP.12233-23.doc Context and Factual Background: 2. This Petition is filed challenging orders of adjudication dated March 30, 2021 and August 27, 2021 by which a Sale Deed submitted by the Petitioners for adjudication before the authorities under the Maharashtra Stamp Act, 1958 ( “the Act”) has been assessed with a stamp duty of Rs. 58,19,380/-. The stamp duty has been declared as payable on the premise that it ought to be computed on the market value of ~Rs.14.54 crores, valued as of 2020. 3. A brief factual overview necessary for purposes of these proceedings is set out below :- A] Plot of Lands bearing Survey No. 655/1/1/9/3 admeasuring 2700 sq.mt. and Survey No.655/1/1/9/4 were owned by one Khatib Family. In 1987, Plot bearing Survey No. 655