9911796707
TMI Blog2011 (1) TMI 1185X X X X Extracts X X X X X X X X Extracts X X X X ..... er the Mortgage Deed has to be registered or not - property offered is that of the brother of the petitioner who is a stranger to the transaction - Department is insisting for execution of a registered Mortgage Deed - counsel for the petitioner submitted that the matter has been pending for a long time, direction to the competent authority among the respondents to complete the process of assessmen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in as per Exts. P1, P1(a) and P1(b) certain gold ornaments and bars. According to the petitioner, he was only a carrier/agent of one Mr. Raphy Jose, Proprietor of M/s.ARY Gold Designers, Thrissur. It appears that both the parties together sought for release of the gold articles and when the Department refused to do so, the petitioner along with Mr.Raphy Jose as first petitioner filed W.P.(C). No.3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ave to be borne by the petitioner. This was objected to by the petitioner by Ext.P8 application stating that the charges that would be required to be paid for registering the Mortgage deed would come to Rs.8,55,000/-. The property offered is that of his brother. Finally, by Ext.P9 communication, the request of the petitioner for acceptance of the property as collateral security without Mortgage th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... liability towards stamp duty will be around Rs.9,00,000/- which will be a huge sum and, therefore, during the course of arguments, a suggestion was made for the expeditious completion of the assessment proceedings within a time limit so that the matter will not be prolonged further. The above suggestion was acceptable to the learned counsel for the petitioner and the Department. But the learned c ..... X X X X Extracts X X X X X X X X Extracts X X X X
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