that the market value shall be determined by the Collector which must be in all cases higher than the value set forth in the instrument ... statutory obligation before holding that an instrument does not set forth correct market value, to determine as to what is the market value
value declared is not correct. There is no allegation
that the market value of the property has not been truly set
forth. Merely because ... 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
reason to believe that the market value of the
property has not been truly set forth in the instrument,
he may determine the market value ... 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
The Project Director vs M.Vijayalakshmi on 13 February, 2020
Bench: T.S.Sivagnanam , R
supra), where the registering officer is satisfied that the value of the land set
forth in the instrument is not less than the fair value ... registration. If the registering officer is
satisfied with the value of the land set forth in the document is not less than
the fair value
exercised in a situation where the market value of the property as set forth in the instrument is less than even the minimum value fixed ... reason to believe that the market value of such property has not been truly set forth in such instrument, he may proceed to determine
such
instrument was registered on the basis of the market value which was set forth in the instrument or
which was ascertained by the registering ... 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
exercised in a situation where the market value of the property as set forth in the instrument is less than even the minimum value fixed ... reason to believe that the market value of such property has not been truly set forth in such instrument, he may proceed to determine
exercised in a situation where the market value of the property as set forth in the instrument is less than even the minimum value fixed ... reason to believe that the market value of such property has not been truly set forth in such instrument, he may proceed to determine
exercised in a situation where the market value of the property as set forth in the instrument is less than even the minimum value fixed ... reason to believe that the market value of such property has not been truly set forth in such instrument, he may proceed to determine
