Is it possible to enter into oral Agreement for Sale without executing an Agreement for Sale and paying stamp duty thereon ?

Is it possible to enter into oral Agreement for Sale without executing an Agreement for Sale and paying stamp duty thereon ?

The stamp duty is payable only if an Agreement for Sale has to be executed in writing. In case of Oral Agreement for Sale of shares and the rights in property by a member to intending Purchaser, if there is no Agreement in writing, then the question of payment of any Stamp Duty does not arise.

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