Bare Act

The Indian Stamp (Delhi Second Amendment) Act, 2001

This Act amends the Indian Stamp Act, 1899, specifically for the National Capital Territory of Delhi. It allows a Registering Officer to refer property transfer documents to a Collector if the stated value appears undervalued. The Collector then determines the correct value and duty, orders payment of any additional tax, and endorses the document. This measure ensures accurate tax collection on property transactions and prevents undervaluation, helping the government collect the proper stamp duty on real estate transfers in Delhi.

PDF: pending for this language.