market value if they have a reasonable belief that the market value of the property has not been truly set forth in the document ... instant case, there was no material to doubt the market value as set forth in the instrument as the third respondent without entertaining any doubt
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 proceeding the date of execution of any
instrument setting forth such market value, or on the basis of any
court decision after hearing
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
truly set forth therein.
(2) In the case of instruments relating to immovable property chargeable with an ad valorem duty on the value ... 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
property, and not on the value set forth, the instrument shall fully and truly set forth the annual land revenue in the case of other ... stamp duty ad valorem on the value of the property and not on the value set forth in the instrument and provides for the factors
instrument.
(ii) Exchange of immovable property
The value of the property, of the greater value, as set forth in the instrument.
(iii) Gift of immovable ... case may be) for such amount or value as set forth in the release.
Tax on Advertisements
there is no bar on the reassessment of the value of the property
set forth in the instrument, for the purpose of assessment ... Registering Authority or the Collector of Stamps from assessing the
value or consideration set forth in the instrument for the purpose of
charging the stamp
forth in the said instrument. If he finds that the market value set forth is less than the minimum value in accordance with law/rules ... nothing to suggest that the petitioners had not truly set forth the market value of the property which is subject of conveyance. Petitioners are bona
registering authority regarding genuineness of the value. If the
value has been otherwise truly set forth, mere fact that the value of the
-8-
transaction ... satisfied
that the market value or the consideration has been
truly set forth in the instrument, subject to his making
reference under sub-section
family, chargeable
with duty verify whether the value of land or
the consideration set forth in the instrument is
the fair ... 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
