https://www.taxtmi.com/article/detailed?id=14109 Section 47A permits a Registering Officer to refer an instrument to the Collector if the market value or consideration appears understated; the Collector must hold an enquiry with opportunity to be heard, determine market value and deficient duty, and may act suo moto or on reference within three years. When originals are unavailable certified copies may be used, and appeals from Collector's orders lie to the District Judge. Public auctions conducted by court-appointed officers are treated as transparent means of price discovery, limiting the appropriateness of Section 47A referrals in that context. en-us Mon, 14 Apr 2025 08:37:44 +0530 Mon, 14 Apr 2025 08:37:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14109 Section 47A permits a Registering Officer to refer an instrument to the Collector if the market value or consideration appears understated; the Collector must hold an enquiry with opportunity to be heard, determine market value and deficient duty, and may act suo moto or on reference within three years. When originals are unavailable certified copies may be used, and appeals from Collector's orders lie to the District Judge. Public auctions conducted by court-appointed officers are treated as transparent means of price discovery, limiting the appropriateness of Section 47A referrals in that context. Articles Other Topics Mon, 14 Apr 2025 08:37:44 +0530 https://www.taxtmi.com/article/detailed?id=14109