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Stamp duty payable

(Querist) 18 August 2012 This query is : Resolved 
Dear Friends

one of my clients has obtained a decree from court whereby his right to buy a property is established.....the suit regarding this right was filed in 1996 . Now the question is whether the purchaser will have to pay the stamp duty based on the then market value of the property or the current market value?
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adv. rajeev ( rajoo ) (Expert) 19 August 2012
stamp duty will be determined as per the rate fixed by the govt., presently.
M V Gupta (Expert) 19 August 2012
Stamp duty is payable on the market value of the property prevailing on the date of execution of the sale deed.

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