Parth Pawar has filed stamp duty notice worth Rs 42 crore after canceling Rs 300 crore

The deal was canceled after criticism from opposition parties. He said that his son decided to cancel the deal and submit a written statement. Although Parth owns a majority stake in Amadea Enterprises, an FIR has been lodged against his partner and close relative Digvijay Patil. An FIR was also lodged against suspended tehsildar Suryakant Yule, sub-registrar Ravindra Tatu and power of attorney holder Sheetal Tejwani.

Although the notice does not mention the actual amount to be paid by Parth, Pune District Collector Jitendra Dodi confirmed that the amount is around Rs 42 crore. “The registry department did not mention the amount in the notice served to the company. It is 7 per cent of the valuation of the deal. But it confirmed that the company will have to pay stamp duty of Rs 21 crore on signing of the deal which was not waived earlier. Now to cancel the deal, the company will have to pay Rs 21 crore as stamp duty. The department is also seeking legal opinion. The notice was served when the company applied for cancellation of the deal,” Dodi told The Indian Express.

District Joint Registrar Santosh Hingani said, “In the notice, the amount of stamp duty to be paid has not been mentioned. It will be like passing a judgment before taking a decision. The notice states that the stamp duty of Rs 500 charged earlier is invalid.”

Asked whether they would have to pay stamp duty even if the deed of sale is cancelled, Heneghan said: “Different views emerge on this aspect. But in general, when the deed of sale is finalized and canceled after a few days, we consider it another purchase. In this case, we will have to check what kind of cancellation document they present, what legal points they raised, and then the IGR (Inspector General of Inspector) will take the decision. At first glance, it seems that stamp duty will be As stated in the Notice, however, this is not final or conclusively stated.

“The entire cancellation order involves a legal procedure. The company has the option of appealing to the competent authority,” Heneghan said. Hingane added that they did not formally inform the company of Rs 42 crore in the notice. “Everyone knows how much the amount will be and it is not a fine. It is a stamp duty,” he said.
“Since the cancellation application has been filed and the purpose of setting up a data center has been annulled, it is necessary to pay stamp duty and penalty of 5 per cent, in addition to 1 per cent to the local body and Metro Railway, collectively at 7 per cent under Section 25(b)(1) of the Maharashtra Stamp Act,” the notice said. The company was also told to pay the previous dues for registering the property.

Milind Gaikwad, who heads Mahar Watan Adhikar Parishad, said if the land is Mahar Watan and is being sold, the permission of Mahar Watan is mandatory. “It is important that 50 per cent of the total cost of the land is paid to the government. So, in this case, the land was sold for Rs 300 crore, which means the company will have to pay Rs 150 crore besides the unpaid stamp duty. We must keep in mind that Mahar Watan lands cannot be sold without getting permission from the district collector.”

Echoing similar views, activist Vijay Kumbhar said: “Sale of Mahar Watan land requires prior permission from the district collector, and in this case, it appears that the permission was not taken. Moreover, the buyers have to pay 50 per cent of the current market value of the land as transfer fee. I believe in this case the total amount that Amadia companies will have to pay is Rs 192 crore.”

The role of the suspended sub-registrar in this case has come under scrutiny. Gaikwad said an investigation was necessary into whether the sub-registrar was under pressure to complete the deal and waive stamp duty of a staggering Rs 21 crore.
“It is possible that the IGR was not aware of the deal. The IGR does not verify deals on a daily basis. The IGR only comes to know when stamp duty is paid,” said a senior official, who earlier headed the Inspector General of Registration.
Asked whether the IGR monitors the work of the sub-registrar, the official said: “The sub-registrar is the final deciding authority. Everything is in his power. If he wants, he can decide to assess the stamp duty. In this case, the sub-registrar should have opted for adjudication, which means that he refers the stamp duty tax to a higher authority or the joint district registrar, who then makes an assessment of the land. In this case, he appears to have decided the stamp duty on his own. Even if the exemption is granted to the data centre, there is no exemption from the duty.” imposed.

“When stamp duty exceeds Rs 25 lakh, the document is reported directly to the Income Tax. They do not come directly to the IGR who gets monthly reports. The IGR does not get reports from the sub-registrar on a daily basis… This case appears to have been carefully executed as it involves power of attorney taken from 272 people,” the official said.

Although the sales agreement was executed in May 2025, it was not implemented. The official said: “The mutation cannot take place on this land because it is government land. It is necessary to find out whether they have applied for the mutation (update of government records) by submitting a sale deed.”