Addl. Distt. Sub-Registrar Siliguri vs. Pawan Kumar Verma & ORs, Civil Appeal No. 4167 of 2013 [Arising out of S.L.P. (Civil) No.
22263/2011] (Decided on May, 1, 2013)
Market value for the purpose of Indian Stamp Act, 1899 is not
the same as suit valuation for the purpose of jurisdiction and court fee. The
procedures are different for assessment of the stamp duty and for registration
of an instrument. [Para 14]
The scheme for valuation for the purpose of registration would
show that an instrument has to be valued in terms of the market value at the
time of execution of the document. [Para 9]
Follow the link to see full text :