AI Overview...
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Circle Rate / DLC Rate - Market Value
The sources clarify that Circle Rate or DLC Rate does not necessarily reflect the true market value of a property. These rates are primarily administrative or regulatory benchmarks set by authorities for purposes such as stamp duty calculation, registration, and taxation, rather than an accurate indicator of real market transactions.
Association for Democratic Reforms VS Union of India - Supreme Court -
Purpose of Rates and Their Limitations
These rates are used to facilitate legal and fiscal processes, like ensuring transparency in transactions and preventing tax evasion, but they do not denote the actual market value or the price at which properties are bought and sold.
Association for Democratic Reforms VS Union of India - Supreme Court -
Related Principles (e.g., Right to Information, Equal Opportunity)
The references to constitutional principles such as the right to information and equal opportunity emphasize that official rates are administrative tools, not market determinants, aligning with the constitutional values of transparency and fairness.
Association for Democratic Reforms VS Union of India - Supreme Court, ASSOCIATION FOR DEMOCRATICS REFORMS vs UNION OF INDIA - Supreme Court, ASSOCIATION FOR DEMOCRATICS REFORMS vs UNION OF INDIA - Supreme Court
Analysis and Conclusion:
While Circle Rate or DLC Rate is useful for administrative purposes, it should not be conflated with the actual market value of a property. The true market value depends on current market conditions, buyer-seller negotiations, and other economic factors, which are not necessarily reflected in these rates.
Search Results for "Circle Rate or Dlc Rate doesn t Denote the Market Value of the Property"
2024 2 Supreme 342 • India - Supreme Court
D. Y. CHANDRACHUD, SANJIV KHANNA, B. R. GAVAI, J. B. PARDIWALA, MANOJ MISRA
right in facilitating realization of democratic goals – But beyond that, right to information has an intrinsic constitutional value ... restricted to information about functioning of public officials – Right to information has an instrumental exegesis which recognizes value ... Union of India, (2013) 10 SCC 1 this Court held that free and fair elections denote equal opportunity to all people. ... Article 25 which includes the right of the shareholder to know how the resources generated from their property are utilized. .....
2024 Supreme(Online)(SC) 4732 • India - Supreme Court
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214 (2006) 7 SCC 1 215 (2013) 10 SCC 1 PART G 143 denote equal opportunity to all people. ... Serial number Name and complete address of the contributing person/company PAN (if any_ and Income-Tax Ward/Circle Amount of contribution (Rs.) ... Permanent Account Number (PAN) and Income-tax Ward/Circle where return of the political party is filed:_______ 6. Details of the contributions received, in excess of rupees twenty thousand, during the Financial Year:20 – . –20 . ... The little man of this country would have basic elementary ri....
2024 Supreme(Online)(SC) 6357 • India - Supreme Court Of India
Serial number Name and complete address of the contributing person/company PAN (if any_ and Income-Tax Ward/Circle Amount of contribution (Rs.) ... Permanent Account Number (PAN) and Income-tax Ward/Circle where return of the political party is filed:_______ 6. Details of the contributions received, in excess of rupees twenty thousand, during the Financial Year:20 – . –20 . ... 214 (2006) 7 SCC 1 215 (2013) 10 SCC 1 PART G 143 denote equal opportunity to all people. It was further observed that a free and fair election is one which ....
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