A Model Office report for collection of stamp duty in Final Decree Petition.

 

Report date: 24-03-2015

                It is submitted that the value of the property as per the shares set out in the final decree/compromise decree/lok adlath award basing on the market value certificate as mentioned below.

Sl.No	Sy.No	Extent	Unit rate ( value per acre as per M.V Certificate)	Total Market value
Share of Petitioner No1
1.	Sy.No.1	1-37  Acs	Rs.1,00,000/-	Rs.1,92,500/-
2.	Sy.No.2	10-04  Acs	Rs.1,00,000/-	Rs.10,10,000/-
3.	H.No.15-4	--	--	Rs.  2,55,000/-
			Total	Rs.14,57,500/-
Share of Petitioner Nos. 2 and 3  Share fo Petitioner No.1
1.	Sy.No.200	2-26 Acs	Rs.1,00,000/-	Rs.2,65,000/-
Share of Respondent No.2
1.	Sy.No.188	7-00 Acs	Rs.1,00,000/-	Rs.7,00,000/-
			Total Value	Rs.24,22,500/-

 

                  The required NJS to engross Final Decree is calculated as under:

1.       Total Market value of the property                                                Rs. 24,22,500/-

2.       U/Art 40 of Sch 1-A largest share is to be eliminated                   Rs.14,57,500/-

3.       M.V on which NJS is to be assessed (separated share)                  Rs.  9,65,000/-

4.       U/Art 40  r/w G.O.Ms.No.585, Dt.30-11-2013, the required

stamp duty is @ 0.5%  among the family members.

(Rs.9,65,000/- X 0.5%)                                                                         Rs.    4825/-                 

      Therefore NJS worth Rs.4825/- is required for engrossing final decree. The party may be directed to deposit the same.

 

S.F.O