consideration set forth in the conveyance whichever is higher. Therefore, if the consideration set forth in the instrument is less than the market value ... deed is less than minimum market value fixed under the Rules of 1997 still the market value set forth in the sale deed is correct
property, and not on the value set-forth, the instrument shall fully and truly set-forth the annual land revenue in the case of revenue ... with ad valorem duty on the market value of the property and not on the value set forth. The State Government has framed rules namely
value in public auction, the department cannot disbelieve the transaction value of the property. The value set forth in the document is the bid value ... find out, prima facie, whether the market value set out in the instruments had been set forth correctly. The guidelines were not intended
reason to believe that the market value of the property had not been truly set forth in the instrument, and, therefore, the same was sent ... reasons to believe that the true value of the property is not set forth in the document.
31. For all the above reasons, we answer
find out, prima facie, whether the market value set out in the instruments had been set forth correctly. The guidelines were not intended ... ascertain the market value prima facie, if there is a doubt that the market value has not been truly set forth in the instrument
Bihar Registration Rules, 2008
BIHAR
India
Bihar Registration Rules, 2008
Rule BIHAR-REGISTRATION-RULES-2008
instrument.
(ii) Exchange of immovable The value of the property of the greater
property value, as set forth in the instrument.
(iii) Gift of immovable ... property, as set forth in
the instrument.
(iv) Mortgage with possession or The amount secured by the mortgage as
immovable property set forth
years immediately preceding the date of execution of any
instrument setting forth such market value, or on the basis of any Court
decision after hearing ... years
immediately preceding the date of execution of any instrument setting forth such
market value.
B) Any Court decision after hearing the State Government
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
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
