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revenue Stamp

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(Querist)
20 May 2008 Hello
Revenue stamp should be affixed on every cash payment exceeding 5000. in which company it will be applicable?
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CA. Vineet Grover

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CA. Vineet Grover (Expert)
20 May 2008 Hin Sayeed,

The said provision is applicable for all companies both public / private.

Rgds/
Vineet
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R.V.RAO

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R.V.RAO (Expert)
20 May 2008 STAMP ACT IS APPICABLE IRRESPECTIVE WHETHER IT IS PUBLIC LTD OR PVT. LTD. OR A FIRM OR PROPRIETARY BUSINESS OR ANY OTHER FORM OF ORGANISATION.
R.V.RAO
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sayeed

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sayeed (Querist)
22 May 2008 Sir,
Is it compulsory to affix revenue Stamp on each cash voucher on which payment exceeds 5000?

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