Full value determination: stamp valuation on agreement date permitted if payment received via bank instruments before agreement. Where the agreement date and registration date differ for transfer of land or building, the value adopted or assessable by the stamp valuation authority on the agreement date may be taken as the full value of consideration, provided the consideration or part thereof was received on or before the agreement date by account payee cheque, account payee bank draft, or electronic clearing system through a bank account.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Full value determination: stamp valuation on agreement date permitted if payment received via bank instruments before agreement.
Where the agreement date and registration date differ for transfer of land or building, the value adopted or assessable by the stamp valuation authority on the agreement date may be taken as the full value of consideration, provided the consideration or part thereof was received on or before the agreement date by account payee cheque, account payee bank draft, or electronic clearing system through a bank account.
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