Rajasthan Stamp Rules, 1955–Rule 73 (As amended from 01.03.1997)–Earlier, the plots in question were leased to J.C. Cotton Mills for 99 years–Petitioner applied for lease of their as these were not being used by J.C. Cotton Mills–Subsequent lease deed of remaining 69 years in favour of petitioner–
While assessing the stamp duty, Collector (Stamps) took into consideration the construction existed on the plots though the description of such construction has not been mentioned in the lease agreement–Whether proper ?–Held, no–Impugned demand of deficient stamp duty and penalty set aside.
