such
conveyance as set forth
therein does not exceed
Rs.50;
For Punjab
" 27. Facts affecting duty to be set forth in instrument ... chargeable with an ad valorem on the value of the property,
and not on the value set forth in the instrument, the instrument
shall fully
instrument.
(ii) Exchange of immoveable property. The value of the property of the greater value, as set forth in the instrument.
(iii) Gift of immoveable ... property. The value of the property as set forth in the instrument.
(iv) Mortgage with possession of immoveable property. The amount secured by the mortgage
from showing that the real value of the subject-matter in appeal is different from the court-fee value.
The principle on which the aforesaid ... plaintiff was allowed to substitute another arbitrary value at the appellate stage for the arbitrary value set forth in the plaint the object of substitution
The Bangalore Development Authority vs Sri. M. Mani on 15 December, 2022
KABC010006382020
Govt.of
Dcit - 1 (1) (2), Mumbai vs Forbes & Company Ltd., Mumbai on 17 March, 2023
Deed No. 1-0502-
05713/2017) respectively whereas the Set Forth Values were
Rs.4,00,000/- and Rs.33,70,000/- respectively. In case ... 1052649727(1), whereby the amount
of Rs. 3,37,000/- (Set-Forth Value) has been proposed to be modified
thereby treating
cash
against the registered set forth deed value of Rs. 25,20,000/-.
For easy understanding the summary of the case is reproduced as follows ... common practice that actual
monetary transactions are more than the set forth value of the registered sale deeds,
which is recorded at the prevailing Government
total price of Rs.7,57,56,000/- which
was the set forth value as per the deed of conveyance(as well as the circle ... conveyance executed on 6th June, 2018,at applicable circle rates (set forth deed value
being same), and payments made through bank channel. So far there
immovable properties used to be collected based on the
Consideration/value set forth in the underlying instruments of transfer. It is only
upon introduction ... immovable properties used to be collected based on
the consideration/value set forth in the underlying instruments of transfer. It is only
upon introduction
affirmed the same.
Considering these facts, we are inclined to set aside the order of ld. CIT (A) on this issue
and direct ... account of difference
between the stamp valuation and set forth value.
9. The facts in brief are that the ld. AO during the course
