Supreme Court of India · 2012-01-20
State Of U.P. & Ors vs Ambrish Tandon & Anr
- Citation / case number
- AIR 2012 SUPREME COURT 1140
- Court
- Supreme Court of India
- Petitioner
- State Of U.P. & Ors
- Respondent
- Ambrish Tandon & Anr
- Author
- P. Sathasivam
- Bench
- J. Chelameswar, P. Sathasivam
Judgment text excerpt
The Supreme Court held that the High Court's decision to quash the order of the Additional Collector under Sections 47A/33 of the Indian Stamp Act, 1899 was justified, as the respondents had paid the appropriate stamp duty based on the sale consideration of Rs. 1.5 crores. The Court emphasized that the valuation of the property should align with the sale deed and not arbitrary assessments. Consequently, the appeal by the State was dismissed, affirming the High Court's ruling.