Revenue Stamp
This query is : Resolved
11 November 2008
I want to know whether there is any penalty for not fixing revenue stamps for payments above Rs.5000/-
I have one more doubt stamp duty act says that we have to affix revenue stamp for all payments including cheque above Rs.5000
Here every body is fixing revenue stamps for cashpayments above Rs.5000/-
which is right
I have one more doubt stamp duty act says that we have to affix revenue stamp for all payments including cheque above Rs.5000
Here every body is fixing revenue stamps for cashpayments above Rs.5000/-
which is right
11 November 2008
No penalty, but in the case of any court proceedings, for any disputes then penal stamp duty will be applicable for not affixing appropriate stamp
12 November 2008
I have one more doubt stamp duty act says that we have to affix revenue stamp for all payments including cheque above Rs.5000
Here every body is fixing revenue stamps for cashpayments above Rs.5000/-
which is right
Here every body is fixing revenue stamps for cashpayments above Rs.5000/-
which is right
12 November 2008
It is for both.
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