The Supreme Court, bench comprising Justice J. B. Pardiwala and Justice K. Vinod Chandran, has held that the actual user of land determines its valuation for computing duty under the Rajasthan Stamp Act, 1998, rather than the zonal classification of the area. Ruling on whether a gifted property share should be assessed as an industrial
User of Property, Not Its Classification, Determines Stamp Duty Valuation: Supreme Court
