Requirement of revenue stamps on cash payments
This query is : Resolved
25 October 2016
Can anyone please advise whether there is a statutory requirement to get the signature on the revenue stamps affixed on cash payments made to staff against salaries etc.If yes, what is the monetary limit for the payment which reqiures affixing of revenue stamp.
Thanks,
P.C. Joshi
Thanks,
P.C. Joshi
27 October 2016
U must affix a revenue stamp, on making payment of salaries and on all other cash transactions(payment) of 5k or above.
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