M Ramanand
06 September 2012 at 20:56
Please let me know
1)whether Demand Promissory Note attracts stamp duty advelerom when it is witnessed.
2) On a promissory note common seal of the Limited company is affixed with citation that the common seal has been affixed pursuant to board resolution no so & so dated so & so. Whether such citation amounts to extraneous matter on a DPN. If so whether it attracts higher stamp duty ?
Demand promissory note
Please let me know
1)whether Demand Promissory Note attracts stamp duty advelerom when it is witnessed.
2) On a promissory note common seal of the Limited company is affixed with citation that the common seal has been affixed pursuant to board resolution no so & so dated so & so. Whether such citation amounts to extraneous matter on a DPN. If so whether it attracts higher stamp duty ?