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1 - 6 of 6 (0.22 seconds)M/S Prosperous Buildcon Pvt. Ltd vs State Of Haryana And Ors on 22 November, 2019
This Court has considered this aspect of potential use in the judgment of M/s Prosperous Buildcon Pvt. Ltd. v. State of U.P. and others, wherein this High Court has observed as under:-
State Of U.P. & Ors vs Ambrish Tandon & Anr on 20 January, 2012
The judgment of the Supreme Court in the case of Ambrish Tandon (supra) has been followed by the Full Bench of this Court reported in 2015 (3) ADJ 136 (Smt. Pushpa Sareen Vs. State of U.P.) wherein the Full Bench has also held that the nature of the user is relatabe to the date of purchase which is relevant for the purposes of computing the stamp duty. Where however the potential of the land can be assessed on the date of execution of the instrument itself by referring to exemplar or comparable sale instances that is clearly a circumstances which is relevant and germane to determine the true market value. Paragraph 27 of the said judgement reads as under:
Smt. Pushpa Sareen vs State Of U.P. on 12 February, 2015
The judgment of the Supreme Court in the case of Ambrish Tandon (supra) has been followed by the Full Bench of this Court reported in 2015 (3) ADJ 136 (Smt. Pushpa Sareen Vs. State of U.P.) wherein the Full Bench has also held that the nature of the user is relatabe to the date of purchase which is relevant for the purposes of computing the stamp duty. Where however the potential of the land can be assessed on the date of execution of the instrument itself by referring to exemplar or comparable sale instances that is clearly a circumstances which is relevant and germane to determine the true market value. Paragraph 27 of the said judgement reads as under:
Section 52 in The Indian Stamp Act, 1899 [Entire Act]
Finance Act, 1999
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