chargeable with ad valorem duty on the value of property, and not on the value set forth, the instrument shall, fully and truly, set forth ... certain facts to be set forth in an instrument and reads as under:
"3. Facts to be set forth in an instrument.- In case
seizure of the goods on
20.09.2019. The report does not set forth any price/value or grade of
the goods seized but identifies the seized ... perspective. Paragraph 4 of
the Agarwood Policy sets forth that the market value of the
Agarwood Chips ranges from
Indian Stamp Act, 1899, to decide whether the value set-forth in the sale deed is in accordance with the open market value ... market value of that property, which is sought to be conveyed. If the correct market value of that property is not set forth
assist them to ascertain prima facie, whether the market value has been truly set forth in the instruments. The entries made therein regarding the value ... those cases, the consideration should be treated as a market value as truly set forth for the purpose of payment stamp duty under the Indian
instrument, whichever is higher. Hence, the market value is not necessarily the market value set forth in the document. It is also further stated that ... give his opinion whenever such instrument does not truly set forth the proper market value expressing what is the estimated market value. In the circumstances
instrument.
(ii) Exchange of immovable The value of the property of the
property greater value, as set forth in the
instrument.
(iii)Gift of immovable ... set
property forth in the instrument.
(iv)Mortgage with possession The amount secured by the
of immovable property mortgage as set forth in the
instrument
instrument
(ii) Exchange of immovable The value of the property of
property the greater value, as set forth
in the instrument.
(iii) Gift of immovable ... property, as
set forth in the instrument.
(iv) Mortgage with possession The amount secured by the
of immovable property. mortgage as set forth
manner, determine the value or consideration and the duty payable thereon as if that were the value or consideration set forth in the instrument ... chargeable on the value of the property and if the value of the property is not correctly set forth in the instrument, then the Collector
stamp duty is to be calculated on the value of the consideration set forth
in the sale deed. The only exception is if the Registering ... counter the mischief of deliberately understating the consideration/value
of the property set forth in the instrument to be stamped.
32. In the facts
requirement of Order 21, Rule 66 of the CPC ; the value set forth in the proclamation does not reflect the true value of the schedule
