A loan of 36crores was taken in 2014 which got reduced to 28 Crores in 2020. There was an enhancement of 8crores in 2022 increasing the loan amount to 36 crores.
Whether stamp duty is payable on an enhanced amount of 8Crores being a fresh facility on both guarantee and hypothecation documents.Can it be argued that since the stamp duty was paid on original loan of 36 crores no additional stamp duty is liable to be paid.
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