Santosh kumar (lect) 24 September 2014

Rectification of sale deed

We had executed a sale deed for selling a piece of land. The was an error in the agreement value mentioned. The stamp duty was paid on the market value. But the actual agreement value is different from the market value. Can a rectification deed be executed to fix the agreement value.

regards

Ramesh

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2 Replies

DR.VEDULA GOPINATH (ADVOCATE AND CORPORAE ADVISOR) 28 September 2014

yes. mistake can be cured by rectification deed.

I shall write the rectification deed.

Please send me relevant documents

dr vedula gopinath

advocate high court

vgnath@gmail.com mobile 09866013121

dr g balakrishnan (advocate/counsel supreme court) 07 October 2014

Always registrar office accepts values as decided by the government under market value; that every one does;

tax laws are not prudent in allowing the extra moneys one gets as a real source of income but once you declare and pay the tax then they are bound to allow, as u proved you did not suffer mens rea.

without mens rea - guilty mind - if any act is done it is an excusable error only and not a punishable error!