In partition of a immovalbe property the court fees is ad-valorem. Kindly explain is it the market value (Present value of the property both the circle rates and black portion)? So, for e.g. if the current market value of the property is 1.50 crores & if any body who is not a co-owner wants it`s share as 1/10th portion. He has to pay Rs.15 Lacs as court fees. Is the calulation is correct? or he has to pay the fees on the property value mentioned on the document (say a gift deed registered 3 years back).
Please clarify...............