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 ... instrument is the fair value of the land or not. If the value
of the land or the consideration set forth is not less than
metres along with
one covered parking area. The value set forth in the
instrument is Rs.1,61,645/-. For determination of deficit
stamp duty ... stamp duty and
registration fee, the second petitioner held that the value of
the property covered by the instrument is Rs.10 lakhs and
directed
opinion that the document is
undervalued or the market value is not set forth properly in the
instrument, it is open to the Sub Registrar ... duty on the value of property.
(14)Since the market value as on date is admittedly above the value set forth
in the instrument
such material, arrived at the conclusion
that the true value is not set forth in the document. He had simply stated in the
Inspection Report ... market
value without Notice of hearing to parties is liable to be set aside. When the
Registering Authority finds that the value set forth
metres along with one covered parking area. The
value set forth in the instrument is Rs.1,61,645/-. For
determination of deficit stamp duty ... stamp duty
and registration fee, the second petitioner held that
the value of the property covered by the instrument is
Rs.10 lakhs and directed
deed which was presented for registration, the appellant had set forth the
value of the property as Rs.9, 00,000/- and paid stamp duty ... correct market value as he
suspected that the market value of the property was not truly set forth in the
said document
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 ... correctness of the market value of the property which is the
subject- matter of such instrument and which was set forth in the instrument
believe that the market value of the property, which is
the subject matter of conveyance, has not been truly set-forth in the
instrument ... believe that the market value of the property,
which is the subject matter of conveyance, has not been truly set-forth
in the instrument
truly
set forth in the instrument, he may, after registering
such instrument, refer the same to the Collector, for
determination of the market value ... market value of the property has not been truly set
forth in the instrument, he may determine the market
value of such property
rates, set forth in theFirst Schedule."
11. Section 4 provides for determination of value for the prupose ofduty. Under that section where any article ... submitted that undersection 3 the duties of excise at the rates set forth in the FirstSchedule were to be livied and collected in such manner
