Cash reimbursement
This query is : Resolved
15 February 2017
Hi,
Cash reimbursement more than 5000 will require revenue stamp or not?
Cash reimbursement more than 5000 will require revenue stamp or not?
15 February 2017
Yes. it is required
02 March 2017
As per Indian Stamp Act provisions, revenue stamp is to be affixed on any receipt , amount if exceeds Rs.5,000. whereby any money, or any bill of exchange, cheque or promissory note is acknowledged to have been received.
Therefore, if you are making payment of more than Rs.5000/- the recipient should acknowledge the payment by affixing revenue stamp.
Therefore, if you are making payment of more than Rs.5000/- the recipient should acknowledge the payment by affixing revenue stamp.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is Aadhar PAN linking required for opening bank account?
- Applicability
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Application of 115BAC
- Gst Sales of FY 2023-24
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- TDS NUMBER SURRENDER
- Legal heir raised refund , but refund issued to the closed account of deceased.
- RCM - commercial rent paid to URP under GST
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
