GURJEET SINGH CHADDHA Vs. STATE OF U.P.

JUDGEMENT

(1.) THE Order passed by the First Appellate Authority under the (Indian) Stamp Act dated 24.4.2006 as well as order passed by the Chief Revenue Officer, U.P. Allahabad in appeal under Section 56 of the (Indian) Stamp Act dated 7.6.2013, are challenged by means of the present writ petition. It is not in dispute that the document, which was subject -matter in the aforesaid proceedings has been executed in the year 12.1.2001 and the proceedings in accordance with the provisions of Stamp Act had been initiated against the petitioner in the year 2001 itself. In view of the said facts, the provisions of the U.P. Stamp (Valuation of Property) Rules 1997 as applicable on the date of initiation of the proceedings are to be taken into consideration.

(2.) ACCORDING to the petitioner, the order impugned are bad on three grounds:

(3.) UNDER Rule 5(c)(ii) of the U.P. Stamp (Valuation of Property) Rules 1997, the market value of the properties made out for commercial use had to be determined as follows: