determination of minimum value of the property and further says that if the market value of the property set forth in the instrument is less ... 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
Collector for determination of market value of such property and proper duty payable thereon but where the value set forth in the instrument is more ... value of any property, which is the subject of any instrument, on which duty is chargeable on market value of the property as set forth
respondent no.2 and to receive the
registration charges as per value set forth in the sale
deed.
2. To issue appropriate writ/writ
value of the land.
(ii) The onus of proving the allegation that the value of the land has
not been truly set forth ... market
value without notice of hearing to parties is liable to be set aside. When
the Registering Authority finds that the value set forth
chargeable with ad valorem duty on the value of property, and not on the value set forth, the instrument shall, fully and truly, set forth ... certain facts to be set forth in an instrument and reads as under:
"3. Facts to be set forth in an instrument.- In case
determination of market value of the property under Section 47A(1) of the Indian Stamp Act, 1899, since the value set forth in the instrument ... reason to believe that the market value of the property has not been truly set forth and it is so done with an intention
been truly set forth therein, he shall, for
the purpose of assessing the stamp duty, determine the true
market value of such property, as laid ... section, if the difference between the amount of the
market value as set forth in the instrument and the market
value as determined
under it is held as
follows:-
?If the document presented sets forth the market value and all other
facts necessary, truly, the document ... document, or any reasonable belief as to the
true value set forth in the instrument, and once it is registered, there is
no further scope
taken steps to
execute Ext.P-1 sale deed by setting forth the value of the property
@ Rs.7,410/- per are in tune with ... 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
value of only land and building has been set forth as market value of property under transfer, excluding other properties which have also been purchased ... provision empowering Collector to impose penalty in case the value of property set forth in document presented for registration is not true market value
