Indian stamp act, 1899
anshu
(Querist) 20 January 2016
This query is : Resolved
Dear All,
While stamping the document as per Section 5 of Indian Stamp Act, 1899 (with respect to Delhi), where an instrument involves distinct matters is chargeable with aggregate amount of the duties with which separate instruments, each comprising or relating to one of such matters, would be chargeable under the Stamp Act.
Now I want to know that, while stamping the instrument, which involves distinct matters and chargeable with stamp duty under three or four different Articles of Schedule of the Stamp Act, So which Article would be mentioned on the stamp or all the Articles under which stamp duty is payable will be mentioned on the stamp.
Thank you
H.M.Patnaik
(Expert) 20 January 2016
All the items relatable the instrument requiring stamping , stamp duty has to be charged separately on the body of the instrument in case all the articles you are referring to does not collectively fall under a specified category.
kavksatyanarayana
(Expert) 20 January 2016
Author, any instrument comprising or relating to several distinct matters shall be chargeable with the aggregate amount of the duties with which separate instruments, each comprising or relating to one of such matters, would be chargeable under this Act, i.e. for every separate matter under which it falls under Sch.I/Sch.I-A as the case may be levied.
