The petitioner is the owner of Acs.25-416 guntas in Survey Nos.147, 148 and 149 of Quthbullapur village and Mandal, Ranga Reddy District. It entered into a development agreement, with M/s.Dijaya Malind JV (Mauritius) Ltd., and a document dated 9.4.2007 was executed, in the form of a Development Agreement-cum-GPA. It was presented to the 2nd respondent, for registration. Claiming the benefit under G.O.Ms.No.1475, Revenue (Registration. I) Department, dated 30.7.2005, the petitioner paid a sum of Rs.50,000/- as stamp duty. The 2nd respondent entertained a doubt, as to the adequacy of stamp duty, and referred the matter to the 1st respondent. The latter, in turn, issued a notice to the petitioner, directing it to show-cause as to why a sum of Rs.63,53,750/- shall not be recovered towards deficit stamp duty. The petitioner submitted its explanation, mainly relying upon G.O.Ms.No.1475, dated 30.7.2005. Through proceedings dated 18.6.2007, the 1st respondent took the view that the petitioner is liable to pay a sum of Rs.63,53,750/-, as stamp duty, and a penalty of Rs.1,00,000/-. This writ petition is filed challenging the said proceedings.

The petitioner contends that the docu