Context: Recently, The Punjab Government has amended the procedure of submission of online application for refund of incentive of stamp duty under IBDP 2017.
More About News
- It aims to ensure greater ease to investors.
- Pending cases would be cleared expeditiously giving relief to Investors.
- The refund of stamp duty could be claimed after the start of commercial production.
- One of the conditions for claiming incentive was land should not have been purchased before or after three years of the application.
- Under the amended procedure, the date for submission of Incentive Common Application Form would be considered to check the aforesaid condition of three years.
Thank you for visiting https://civilsnotebook.com and Join Civils Notebook Mock Test Series