November 2017

Spot inspection is not the criteria for ascertaining the value of the land to form the basis of the alleged stamp duty—Actual process, i.e., enquiry to be conducted for ascertaining the market value of the property on the date when the sale deed was presented.

By | November 9th, 2017|Stamp Act|

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June 2017

Neither any inquiry has been conducted nor it is clear from the facts as to when the Auditor had made the reference to the Collector—Thus the period has to be counted from the date of notice, which has been sent on after about 7 years of the registration of the sale deed, which is clearly barred by limitation in terms of Section 47-A (3) of the Act as applicable to Punjab.

By | June 19th, 2017|Stamp Act|

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Comments Off on Neither any inquiry has been conducted nor it is clear from the facts as to when the Auditor had made the reference to the Collector—Thus the period has to be counted from the date of notice, which has been sent on after about 7 years of the registration of the sale deed, which is clearly barred by limitation in terms of Section 47-A (3) of the Act as applicable to Punjab.