KOTTU KANNA RAO Vs. DISTRICT REGISTRAR OF ASSURANCES AND COLLECTOR
HIGH COURT OF ANDHRA PRADESH
KOTTU KANNA RAO
DISTRICT REGISTRAR OF ASSURANCES AND COLLECTOR
Click here to view full judgement.
Ekbote, C.J. -
(1.) The document marked P-2 executed in 1968 was presented for registration before the Sub-Registrar , Bhimavaram on 7.3.1968 by the executants. The document calls itself a sale deed. It is drawn up on stamp papers of value of Rs. 6,525.00. The Sub-Registrar, Bhimavaram, before whom this document was presented for registration entertained a doubt about the exact stamp duty payable on the document. He therefore made a reference to the District Registrar of Assurances, Eluru. The district registers held that the said document to be a sale for consideration of Rs. 1,44,444.44 chargeable with a stamp duty of Rs. 6,525.00 under Art. 20 of Schedule 1-A of the Indian Stamp act. He was also of the opinion that a transfer duty of Rs. 7,222.20 is payable under Section 120 of the Andhra Pradesh Municipalities act, 1965.
(2.) As the document was insufficiently stamped it was impounded by the Sub-Registrar and the District Registrar, Eluru, as Collector levied deficit stamp duty of Rs. 7,199.70 and a penalty of Rs. 50.30.
(3.) Aggrieved by that order Kottu Kanna rao, the purchaser preferred a revision petition to the Board of Revenue under section 56 (1) of the Indian Stamp act, 1899.;
Copyright © Regent Computronics Pvt.Ltd.