Cash payment voucher

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Querist : Anonymous

Querist : Anonymous (Querist)

26 April 2012 Dear all,

Please Resolve my Query, Why we fill revenue stamp for Cash Payment Voucher.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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26 April 2012 Section 2(2 3) of the Indian Stamp Act 1899 makes it mandatory for affixing of stamp
on any receipt as defined therein above Rs 5000.
2(23) "Receipt" includes any note, memorandum or writing-
(a) whereby any money, or any bill of exchange, cheque or promissory note is
acknowledged to have been received, or
(b) whereby any other movable property is acknowledged to have been received in
satisfaction of a debt, or
(c) whereby any debt or demand, or any part of a debt or demand, is acknowledged
to have been satisfied or discharged, or
(d) which signifies or imports any such acknowledgment;
and whether the same is or is not signed with the name of any person "