Under the Court Fees Act, 1870, where land pays no revenue to Government and net profits have arisen…
Section 7(v)(c) deems the value of land paying no Government revenue, where net profits have arisen in the year before the plaint was presented, to be fifteen times such net…
Choose your answer
Under the Court Fees Act, 1870, where land pays no revenue to Government and net profits have arisen during the year next before presentation of plaint, the value shall be deemed to be:
Answer and explanation
Correct answer C
Section 7(v)(c) deems the value of land paying no Government revenue, where net profits have arisen in the year before the plaint was presented, to be fifteen times such net profits, not five, ten, or twenty times.