https://www.taxtmi.com/caselaws?id=16476 For the purposes of section 230A of the Income-tax Act and rule 30(iii) of the Kerala Registration Rules, the relevant valuation is that of the specific right, title or interest proposed to be transferred, not the entire property. Where only an undivided share is conveyed and its value is below the prescribed ceiling, an income-tax clearance certificate is not required. Any departmental circular or clarification inconsistent with the statutory language cannot override that plain rule. On that basis, insistence on a clearance certificate and refusal to register the document were described as without jurisdiction. en-us Tue, 24 Mar 1998 00:00:00 +0530 Tue, 08 Sep 2009 11:03:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16476 For the purposes of section 230A of the Income-tax Act and rule 30(iii) of the Kerala Registration Rules, the relevant valuation is that of the specific right, title or interest proposed to be transferred, not the entire property. Where only an undivided share is conveyed and its value is below the prescribed ceiling, an income-tax clearance certificate is not required. Any departmental circular or clarification inconsistent with the statutory language cannot override that plain rule. On that basis, insistence on a clearance certificate and refusal to register the document were described as without jurisdiction. Case-Laws Income Tax Tue, 24 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16476