https://www.taxtmi.com/caselaws?id=273584 The court held that stamp duty is chargeable based on the market value of the property conveyed by the instrument of conveyance, not the sale consideration in the civil court decree. The relevant date for determining market value for stamp duty purposes is the date of execution of the sale deed by the court. Imposition of penalties under Section 47-A was deemed unauthorized in this case as there was no deliberate undervaluation to evade stamp duty. en-us Mon, 09 Oct 2006 00:00:00 +0530 Tue, 03 Jul 2018 17:47:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273584 The court held that stamp duty is chargeable based on the market value of the property conveyed by the instrument of conveyance, not the sale consideration in the civil court decree. The relevant date for determining market value for stamp duty purposes is the date of execution of the sale deed by the court. Imposition of penalties under Section 47-A was deemed unauthorized in this case as there was no deliberate undervaluation to evade stamp duty. Case-Laws Indian Laws Mon, 09 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273584