K Karunakaran (Self) 11 April 2010
Hello Everybody,
I would like to know the applicable registration value in case the court fixes the sale value because of the 25 years old dispute between two parties. Is the present guideline value or the value fixed by court is used for calculation. For example - the court fixes the sale value as Rs.100 and present guideline value is Rs.200/- on which value one has to calculate the stamp duty. Hope, I am clear.
Warm Regards.
KK
N RAMESH. (Advocate Chennai. Formerly Civil Judge. Mobile.09444261613) 11 April 2010
In similar cases, according to recent judgments of supreme court and various other high courts, the stamp duty has to be calculated on the guideline of value of property on the date of registration.
K Karunakaran (Self) 11 April 2010
Ramesh Sir,
Thank you very much for your kind reply. The delay is caused by Judiciary and the people who trust the system has to suffer. I hope, there is a way around this problem. Once again many many thanks Ramesh Sir.
Warm Regards
KK
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