Lexis Nexis’s The Indian Stamp Act – An Exhaustive Section-wise Commentary with State Amendments by S. Krishnamurthi Aiyar – 10th Edition 2025.

The Indian Stamp Act by S. Krishnamurthi Aiyar is the definitive, comprehensive guide to understanding the Indian Stamp Act, 1899. Designed to offer absolute clarity through extensive notes, comments, and case law references, this 10th Edition (2025) is an indispensable tool for legal professionals, revenue officers, and corporate entities managing commercial leases, property transfers, and complex financial instruments across different jurisdictions.

Mastering State-Specific Nuances

Because stamp duty is largely a state subject, generic commentaries are insufficient. This edition stands out by meticulously detailing state-specific stamp duty laws, rules, and notifications, making it practically relevant for practitioners operating across multiple Indian states.

• The Latest State Rules: Includes deep-dives into the Maharashtra Stamp (Amendment) Ordinance, 2024, the procedural rules pertaining to the e-payment of stamp duty by the Gujarat Legislature, and the frameworks for determining market value guidelines by the Madhya Pradesh Legislature.

• Central Legislative Overhauls: Fully revised in light of the sweeping changes brought by the J&K Reorganisation Act and the recent Finance Acts of 2019, 2021, and 2023.

Critical Arbitration Interplay

Commercial contracts and lease agreements are heavily dependent on proper stamping for enforceability. This book provides an exhaustive analysis of the latest Supreme Court rulings regarding the interplay between Arbitration Agreements under the A&C Act, 1996 and the Stamp Act, 1899.

It also incorporates other landmark decisions such as State of Maharashtra v National Organic Chemical Industries Ltd, Rewa Tollway (P) Ltd v State of M P, and G M Shahul Hameed v Jayanthi R Hegde.

Who Should Buy This Book?

• Real Estate Lawyers & Corporate Counsel: The ultimate desk reference for ensuring commercial leases, sale deeds, and arbitration agreements are properly stamped and legally enforceable.

• Revenue & Stamp Officers: Provides the authoritative, section-wise analysis required for daily administrative and adjudication duties.

• Chartered Accountants & Compliance Teams: Essential for calculating stamp duty liabilities on complex corporate restructuring, mergers, and financial instruments.

About the Author

S. Krishnamurthi Aiyar

S. Krishnamurthi Aiyar is a highly respected Indian legal scholar, jurist, and author renowned for writing authoritative, section-wise commentaries on core Indian civil and commercial legislations. Published by Universal Law Publishing (an imprint of LexisNexis), his treatises are foundational references. Characterized by their clarity and exhaustive cross-referencing, his books have been continuously updated and frequently utilized by legal practitioners, revenue officers, and judges across India for decades.

Details