Punjab Co-operative Societies Act, 1961, Section 67 -- State Government can recover as arrears of land revenue, only those amounts from a member Co-operative Society regarding which a certificate issued by Registrar Co-operative Societies - Collector held Cooperative Society liable to pay specified amount on account of stamp duty, penalty and registration charges -..........
Stamp Act, 1899, Section 40(1)(b) -- Chargeability with stamp duty - Determination of - Collector to formulate opinion on the basis of terms settled between the parties and relevant provision of statute or as provided in Schedule I of the Act - No provision in Stamp Act which empowers making of independent inquiry about value of property conveyed for determining date..........
Civil Procedure Code, 1908, Section 115 -- Proper Stamp duty - Cannot be canvassed in revision - Held, that the question as to what is the proper stamp duty payable on a document is not a matter that can be canvassed in revision before this Court under section 115 of the Code of Civil Procedure...........
Stamp Act, 1899, Section 36 -- Not applicable to admission of secondary evidence - Applicable only to admission of instrument - Does not apply to copies of instruments chargeable with stamp duty.
Section 36 of the Indian Stamp Act has no application to the admission of secondary evidence. It talks only of the admission of an instrument and does not apply to copies of..........
Registration Act, 1908, Section 73, 75 -- Thumb impression of transferor obtained on the document before reading it out to him - Transferor objecting at the earliest opportunity - Denial of outright sale - Registration of document secured by compulsio, Suspicious circumstances relating to transactio, Intention not to effect a sale but only to further mortgage the land...........
Sale deed -- Registration - Valuation - Reference to Collector - `Reason to believe' occurring in sub-section (2) of S.47A of Indian Stamp Act, 1899 - Meaning and scope - Formulation of requisite belief - Not matter of purely subjective satisfaction - Reasonable belief to be reached on objective satisfaction - There must be some material, direct, circumstantial or even..........
Sale deed -- Registration - Valuation - Transfer of fertilizer business as running concern - Plant and machinery - Annexed permanently to earth with definite intention of running fertilizer factory and not with idea of removing same - Hence to be treated as immovable property - Conveyance deed showing transfer of plant and machinery, hence stamp duty is chargeable on value..........
Stamp Act, 1899, Section 47A, Stamp Act, 1899, Article 33, Stamp Act, 1899, Section 47A, Article 33 -- Scope - Disclosure of market value of property is mandatory for applicability of the provision and it should be less than the market value determined under the Rules i.e. the circle rate prescribed/notified under the Act/Rules...........
Stamp Act, 1899, Section 47A, Stamp Act, 1899, Article 33, Stamp Act, 1899, Section 47A, Article 33 -of Schedule 1B - Gift deed - Stamp duty - Determining factor is 'value of property' and not 'market value' - Disclosure of value of property in the gift is sufficient for the purpose of payment of stamp duty...........
Stamp Act, 1899, Section 47A, Stamp Act, 1899, Article 33, Stamp Act, 1899, Section 47A, Article 33 -of Schedule 1B - Distinction between 'market value' as it appears in S.47-A of the Act and 'value of property' as it appears in Article 33 - 'Market value' refers to the value of property prevailing in the market on which prospective purchaser is ready and willing to..........
