Supreme Court · 2023 INSC 425 · Decided 25 April 2023
Shanti Bhushan (D) THR. LR. & Ors v. State of U.P. and Ors
- Court
- Supreme Court of India
- Citation
- 2023 INSC 425 · [2023] 6 S.C.R. 513
- Case number
- CIVIL APPEAL No. 8388/2017
- Decided
- 25 April 2023
- Bench
- ABHAY S. OKA, RAJESH BINDAL (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Stamp Act Section 31, 32, 47
Headnote
Stamp Act,1899 - ss.31,32, 47-A and Art. 23 of the Schedule IB - Market Value of property - Determination of - A property was purchased by the appellants under a registered sale deed from the vendor - Appellants were already in possession land as tenants - The value of the property and paid the stamp duty quantified at Rs. 46,700/- - The Assistant Stamp Collector, held that the market value of the land will have to be calculated at the rate of Rs. 24,000/per sq. meter - Thus, on the date of the sale deed, the market value of the sale deed
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)