01 May 2009
As per Indian Stamp Act, 1899 Revenue Stamp to be affixed is mandatory in nature u/s 2(23) of the Act, on receipt of above Rs. 5000/-. please let me know the consequences of it, If the law is not followed.
08 May 2009
Please explain under which section /clause expenses can be disallowed if revenue stamp is not affixed on receipt as defined u/s 2(23) of indian stamp act, 1899
CAclubindia
