https://www.taxtmi.com/caselaws?id=20415 A registering officer cannot refuse registration of a sale deed merely because the property is suspected to be undervalued. Section 45A of the Karnataka Stamp Act permits a post-registration reference for determination of market value if undervaluation is suspected, but it does not authorise refusal of registration at the threshold. The text also states that section 230A of the Income-tax Act bars registration only where the document transfers property above the statutory limit and the prescribed certificate is absent; it does not permit the officer to conduct an independent inquiry into actual market value where the deed reflects a lower valuation. On that basis, refusal for non-production of the certificate was unlawful. en-us Wed, 08 Sep 1993 00:00:00 +0530 Fri, 13 Nov 2009 17:35:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20415 A registering officer cannot refuse registration of a sale deed merely because the property is suspected to be undervalued. Section 45A of the Karnataka Stamp Act permits a post-registration reference for determination of market value if undervaluation is suspected, but it does not authorise refusal of registration at the threshold. The text also states that section 230A of the Income-tax Act bars registration only where the document transfers property above the statutory limit and the prescribed certificate is absent; it does not permit the officer to conduct an independent inquiry into actual market value where the deed reflects a lower valuation. On that basis, refusal for non-production of the certificate was unlawful. Case-Laws Income Tax Wed, 08 Sep 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20415