Mkt Value of land to depend on its nature, use: Allahabad HC
Allahabad, Sep 29 (UNI) The Allahabad High Court today held that market value of land is to be judged by its nature and use and the authorities were not required to judge the land which could be put to different use in future.
Justice Tarun Aggarwal gave this ruling, while quashing the orders of DM Jaunpur and Commissioner Varanasi division, by which the deficiency of stamp duty was imposed on the sale deed executed by petitioner A K Dubey.
The petitioner had paid the stamp duty applicable for that area for agricultural land. The authorities declared it to be deficiency of the stamp duty on the grounds that the land was abutting a road, therefore appropriate stamp duty was required to be paid.
Allowing
the
writ
petition,
the
Court
said
''mere
fact
that
land
is
adjoining
on
'abadi' land
will
not
make
the
agriculture
land
as
an
abadi(residential)
land
unless
the
land
in
question
was
converted
into
a
residential
land
by
the
authorities
concerned.
UNI
VCP
JAS
RSA
VC2205