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RNI No. MAHBIL /2009/37831

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REVENUE AND FOREST DEPARTMENT

Mantralaya, Madam Cama Marg, Hutatma Rajguru Chowk, Mumbai 400 032,

dated the 12th March 2018.

NOTIFICATION

MAHARASHTRA STAMP ACT.

No. Mudrank.2017/C.R.236/M-1.—Whereas, the Government of Maharashtra is satisfied that

the circumstances exist which render it necessary to take immediate action further to amend the

Bombay Stamp (Determination of True Market Value of Property) Rules, 1995, and to dispense

with the condition of previous publication thereof under the proviso to sub-section (3) of section

69 of the Maharashtra Stamp Act (LX of 1958) (hereinafter referred to as “the said Act”).

Now, therefore, in exercise of the powers conferred by sub-section (1) and clause (d) of sub-

section (2) read with the proviso to sub-section (3) of section 69 of the said Act, and of all other

powers enabling it in that behalf, the Government of Maharashtra hereby makes the following

rules further to amend the Bombay Stamp (Determination of True Market Value of Property)

Rules, 1995, namely :––

1.

These rules may be called the Bombay Stamp (Determination of True Market Value of

Property) (1st Amendment) Rules, 2018.

2.

In rule 1 of the Bombay Stamp (Determination of True Market Value of Property) Rules,

1995 (hereinafter referred to as ‘the principal Rules’), for the word ‘Bombay’ the word

‘Maharashtra’ shall be substituted.

3.

In rule 4 of the principal Rules,—

(a) in sub-rule (4),—

(i) for the word “incremented” the word, “revised” shall be substituted;

(ii) for the word “increase” the word, “increase or decrease, as the case may be”

shall be substituted;

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ON BEHALF OF GOVERNMENT PRINTING, STATIONERY AND PUBLICATION, PRINTED AND PUBLISHED BY SHRI PARSHURAM JAGANNATH GOSAVI, PRINTED

AT GOVERNMENT CENTRAL PRESS, 21-A, NETAJI SUBHASH ROAD, CHARNI ROAD, MUMBAI 400 004 AND PUBLISHED AT DIRECTORATE OF GOVERNMENT PRINTING,

STATIONERY AND PUBLICATION, 21-A, NETAJI SUBHASH ROAD, CHARNI ROAD, MUMBAI 400 004, EDITOR : SHRI PARSHURAM JAGANNATH GOSAVI.

(b) after sub-rule (8), the following sub-rule (9) shall be added, namely:—

“(9) Notwithstanding anything contained in this rule, the Government may, either

suo-motu or otherwise, issue such directions to the Chief Controlling Revenue Authority

with regard to the preparation of annual statement of rates as it may deem appropriate,

by giving reasons in writing and such directions shall be binding on the Chief Controlling

Revenue Authority.”.

By order and in the name of the Governor of Maharashtra,

PRITAMKUMAR V. JAWALE,

Desk Officer.