1[27. Facts affecting duty to be set forth in instrument. ––(1) The
consideration, if any, the market value and all other facts affecting the chargeability of any instrument with duty, or the amount of duty with
which it is chargeable, shall be fully and truly set forth therein.
(2) In the case of instruments relating to immovable property chargeable with an ad valorem duty on the market value of the property, and not on the value set forth, the instrument shall fully and truly set forth the annual land revenue, the annual rental or gross assets, as the case may be, the local rates, municipal or other taxes, if any, to which such property is subject to and any other particulars which may be prescribed by rules made under this Act.
(3) A registering officer appointed under section 6 of the 2[Registration Act, 1908 (16 of 1908) or any other officer authorised in this behalf may inspect, take photographs and measurement of the property, which is the subject matter of such instrument, in order to satisfy that the provisions of this section have been complied with in respect of such instrument.]
(2) In the case of instruments relating to immovable property chargeable with an ad valorem duty on the market value of the property, and not on the value set forth, the instrument shall fully and truly set forth the annual land revenue, the annual rental or gross assets, as the case may be, the local rates, municipal or other taxes, if any, to which such property is subject to and any other particulars which may be prescribed by rules made under this Act.
(3) A registering officer appointed under section 6 of the 2[Registration Act, 1908 (16 of 1908) or any other officer authorised in this behalf may inspect, take photographs and measurement of the property, which is the subject matter of such instrument, in order to satisfy that the provisions of this section have been complied with in respect of such instrument.]
1. Sections 27 substituted ibid, s. 17. 2. Substituted by S.O. 1229(E) dated 31.03.2020 for “Registration Act, Samvat 1977”.