official guidance

Circular No. 48794/F3/2017, Time limit correction under Section 47A(1)

The Registration Department, through the Chief Controlling Revenue Authority and Inspector General of Registration, issued Circular No. 48794/F3/2017 on 27 December 2017 to amend Circular No. 48794/E3/17 dated 14 December 2017. For documents dealt with as undervalued under Section 47A(1) of the Indian Stamp Act, the 15 day period for referral to the valuation authority must run from the date of registration, not the date when the document was presented for registration.

Category
Registration and stamp duty
Effective
27 December 2017
Pages
1
Status
In force
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What the circular governs

Circular No. 48794/F3/2017 of the Registration Department, dated 27 December 2017, concerns documents treated as undervalued under Section 47A(1) of the Indian Stamp Act. It corrects one sentence on page 2 of Circular No. 48794/E3/17 dated 14 December 2017.

The earlier circular followed Government Order No. 174 of the Commercial Taxes and Registration (J1) Department, dated 28 November 2017. Circular No. 48794/F3/2017 changes only the event from which the stated 15 day referral period is calculated.

What changed

Circular No. 48794/F3/2017 replaces the words that required registration officers to make the referral within 15 days from the date on which the document was presented for registration.

The corrected wording requires registration officers to send the document within 15 days from the date on which it was registered. The referral is to be made for determination of the proper market value.

This distinction matters where the date of presentation and the date of registration are different. The circular directs officers to use the registration date when applying the 15 day period.

Who is affected

Circular No. 48794/F3/2017 directly instructs:

  • All Sub Registrars and District Registrars.
  • All District Revenue Officers (Stamps).
  • All Special Deputy Collectors (Stamps).
  • Deputy Inspectors General of Registration, who received copies.

A property buyer or owner may be affected when a registered document is being handled as an undervalued document under Section 47A(1). The circular concerns the administrative timing of the referral for market value determination.

Key provisions

  • The relevant period remains 15 days.
  • The starting point is the date the document was registered.
  • The date on which the document was presented for registration is no longer the stated starting point in the corrected sentence.
  • Registration officers must send the matter to the District Revenue Officer (Stamps) or Special Deputy Collector (Stamps).
  • The purpose of the referral is determination of the proper market value.
  • The correction applies to the wording on page 2 of Circular No. 48794/E3/17 dated 14 December 2017.

This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.

Common questions

Is the 15 day period counted from presentation or registration?

Circular No. 48794/F3/2017 requires the 15 day period to be counted from the date the document was registered, not the date it was presented for registration.

Which documents does this correction cover?

It covers documents dealt with as undervalued under Section 47A(1) of the Indian Stamp Act.

Who receives the document for market value determination?

The registration officer must send it to the District Revenue Officer (Stamps) or the Special Deputy Collector (Stamps) for determination of the proper market value.

Does the circular change the length of the time limit?

No. The period remains 15 days. The correction changes its starting point from the presentation date to the registration date.