market value of such property and the proper duty payable thereon.
(1-A) Where the market value as set forth in the instrument ... minimum value determined in accordance with any rules under this Act. Therefore, the Registering Officer is required to consider the minimum value set forth under
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
make a reference for determination of the market value where the market value set forth in the instrument is less than the minimum value ... there can not be a reason to believe that the market value set forth in the instrument is not proper in the absence of material
Inspector-General, Registration, Bihar.
(9)(1) Instruments in which the value set-forth is less than the estimated minimum value indicated in the Guidelines Register ... appropriate market value as per the procedure laid down under Rules 11 and 12. Similarly, under Rule 10 if the value set forth
submitted that if the Registering Officer finds that the market value set forth in the instrument is not less than the minimum value determined ... duty of the officer registering the document to examine the value set forth in the document and if the value has been set forth less
value. It has been pointed out that the
guideline value is only a tool to find out prima facie whether the market
value set forth ... find out prima facie whether the market
value set out in the instrument had been set forth correctly and were not
intended as a substitute
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 ... fully set forth therein. However, prior to the insertion of Section 27 , if the instrument did not set forth the true market value
market value of the property if the market value of property as set forthwith in the instrument is less than the market value determined ... 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
find out, prima facie, whether the market value set out in the instrument had been set forth correctly. The guidelines were not intended ... find out, prima facie, whether the market value set out in the instruments had been set forth correctly. The guidelines were not intended
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