value was higher than the set forth value and the difference in between the
guidance value and the set forth value amount
execution. 28. Facts affecting duty to be set forth in instrument.
- The consideration (if any) [the market value] [These words were inserted by Maharashtra ... set forth in the conveyance relating thereto, and such conveyance shall be chargeable with ad valorem duty in respect of such distinct [market value] [These
chargeable with
an ad valorem duty on the market value of the
property as set forth in the instrument, the
registering officer has, while registering ... instruments, reason to believe that the market
value of the property has not been truly set forth
in the instrument, he may either before
truly set forth therein." It
is true that in view of this provision, the parties to a
document are required to set forth ... property settled as set forth in such settlement." The
Court observed that the words 'as set forth in the
settlement
reasoned
to believe that the market value of the property has not
been truly set forth he may refer the matter to the
Collector ... satisfied that the market value or the consideration has
been truly set forth in the instrument, subject to his
making reference under sub-section
satisfy himself that value of
the property or the consideration for it has not been truly
set forth in the instrument. He may make ... satisfied that the
market value or the consideration has been truly set forth
in the instrument, subject to his making reference under
Sub-section
basis of the entries in the basic value register that the value has not been truly set forth in the instrument. He has drawn ... shall ignore the higher value and shall adopt the lowest value as the value prescribed in the Basic Value Register. This position shall obtain till
property chargeable with an advalorem duty on the market value of the property as set forth in the instrument, the registering officer has, while registering ... instrument, reasons to believe that the market value of the property has not been truly set forth in the instrument, he may either before
family, chargeable with duty verify whether the value of land or the consideration set forth in the instrument is the fair ... value of that land. (2) Where on such verification, the registering officer is satisfied that the value of the land or the consideration set forth
writing to show that the market value of the property has been truly set forth in the instrument, and also to produce all evidence that ... contended that the Section fixes the guideline value as full value against the declared value and fails to take note of the genuine cases where