U.P. Stamp (Valuation of Property) Rules, 1997'

rules · Year unknown · State unknown

Download PDF Parent Act Back to Subordinates

Parent: THE INDIAN STAMP ACT, 1899 (2 of 1899) (1f44732fb452f662c9a894a1100bb3fc9c500bc1)

Text

U.P. Stamp (Valuation of Property) Rules, 1997' Power contained by the Governor under Section 27. 47-A and 75 of Indian 4 Stamp Act, 1800 (Act No. 2 of 1800) makes the following rules 1. Short title and commencement (1) These rules may be called the Uttar Pradesh Stamp (Valuation of Property) Rules, 1997 , (2) They shall come into force with effect from the date of their publication in the Gazette 2. Definition- In the these rules unless there is anything repugnant in the subject or context- (a) 'Act' means the Indian Stamp Act: 1899 (Act No. Il of 1899). (b)'Authorised agent' means- (i) a person holding a power of attorney authorising him to act on behalf of and in the name of his principal, or (ii) a person empowered by written authority under the hand of his principal: (c) 'Countryside area means an area other than urban area or semi-urban area_ (d) 'Commercial building' means commercial establishment or shop as defined respectively in Clause (4) and Clause (16) of Section 2 of the Uttar Pradesh Dookan Aur Venijya Adhishthan Adhiniyam, 1962 (e) 'Industrial Development area' means an area as defined under Clause (d) of Section 2 of Uttar Pradesh Industrial Area Development Act, 1976 (U.P. Act No. 6 of 1976). (f) Referring Officer' means a Court or any of the following- (i) Commissioner of Stamps, or (ii) Additional Commissioner of Stamps, or (iii) Deputy Commissioner of Stamps, or (iv) Assistant Commissioner of Stamps, or (v) An officer authorised by Board of Revenue under Section 47-A of the Act: (g) 'Registering officer' means the Registrar or Sub-Registrar appointed under the Indian Registration Act, 1908 (Act No. XVI of 1908). (h) 'Semi urban area' means an area (i) other than the urban area declared as development area under Section 3 of the Uttar Pradesh Plannin

Rule TOC

1 · Short title and commencement (1) These rules may be called the Uttar Pradesh Stamp (Valuation of Property) Rules, 1997 ,

2 · Definition- In the these rules unless there is anything repugnant in the subject or context-

3 · Facts to be set forth in an instrument- In case of an instrument relating to immovable property chargeable with an ad valorem duty, the following in addition to the market value of the property:

13 · Subs. By THE UTTAR PRADESH STAMP (VALUATION OF PROPERTY) (THIRD AMENDMENT) RULES, 2015

5 · Calculation o/ minimum valuc of Iand; grOvc, gardlen and buildling 0f [Mmcnt of stmp duty. the_mininum valuc of For Ihc DUrpets wtunovahle fonning (he sulyect ol an instrument shall he deemed to be propen, such as may be a1in ed Al as follom s In casc" of lund Mini m valc: M Zether agneulture ( non Arca o land mliplied by minimum Tixed by C ollector (f the <listric[ value agriculture uder 4 rule

6 · Statement of market value to be furnished to the Registering Officer (1) The party presenting an instrument relating to immovable property chargeable with ad valorem duty, shall submit along with the statement in duplicate in the form appended to these rules (2) The registering officer may call for any additional information from the concerned parties or call for and examine any record maintained by a public officer or authority:

7 · Procedure on receipt of a reference or when suo motu action is proposed under Section 47-A-(1) On receipt of a reference or where action is proposed to be taken suo motu under Section 47-A, the Collector shall issue notice to parties to the instrument to show cause within thirty days of the receipt of such notice as to why the market value of the property set forth in the instrument and the duty payable thereon be not determined by him:

10 · Fine for breach of rule-A breach of any of these rules by a party to the instrument shall be punishable with fine not exceeding rupees five hundred: 11. Repeal and saving Rule 340,340-A,341,342,343,344,345,346, 1347,348,320,350,351and 352 of Chapter XV of the U.P. Stamp Rules, 1942 are hereby repealed: Provided that the repeal shall not affect the previous operation of the rules so repealed or anything one or suffered thereunder:

1 · Office of Registrar/Sub-Registrar: 2. Name and address of the transferor_ 3. Name and address of the transferee. 4. Location of property (whether located in Urban/Semi-Urban area/Country side. 5. Approximate distance (in kilometres of metres) of property from nearest road with the name ofroad and its proximity with: 6. Approximate distance (in kilometres of natures of property from railway station, bus-station, public offices, hospitals, factories and educational istitution, etc Mention any one whcih is nearest to the property under transfer

7 · Nature of economic, industrial, developmental activity, if any, prevailing in the locality in which property is situate.

8 · Any other special feature affecting the value of the property _

9 · Agreement to sell, if any, made earlier relating to the property under transfer 10. Consideration for the transfer 11. Fair market value of the property 12. Other informaton &anac In case of Agricultural land the khasra number area in hectare; (iii) if cultivabel, whether do fasali or otherwise; land revenue or rent whether exempted or not) payable by the tenure-holder; land revenue per hectare; vi) whether irrigated by canal, lift canal, well, tank; pumpset, tubewell water or any sources (name the sources); (vii) minimum value of land, fixed by the Collector of the district; Non-agricultural land khasra/plot number; area (in hectarelsquare metre); (iii) minimum value of land fixed by the Collector of the district: In case of grove of garden different types of trees indicating the number of each type; size 0f trees; (iii) age of trees; (iv) if not assessed to land revenue, the annual rent and/or premium actually paid may be indicated. If actuals are not available the assumed annual rent; the annual average income which has arisen from ti during the three years immediately preceding the date of instrument; if assessed to land revenue, the assessed amount of land revenue In case of non-commercial building

47 · R1THTirrealaciadhalt J1 14h41 JT &, 33: 54 Wr FFTTIT & 31424431 T1} & | 2- 54 R1RTTTarr & dfufaalt &a HIT http:I /shasanadeshup nic.in # Zunfudt & JT Tadit & |

48 · R1THTirrealaciadhalt J1 14h41 JT &, 33: 54 Wr FFTTIT & 31424431 T1} & | 2- 54 R1RTTTarr & dfufaalt &a HIT http:I /shasanadeshup nic.in # Zunfudt & JT Tadit & |