One rupee revenue stamp limit
Asif Kodiya
(Querist) 18 December 2012
This query is : Resolved
Dear Concern
One Rupee Revenue Stamp is sufficient for a Receipt, if the amount is above Rs.5000, under Article 53 of Indian Stamp Act. If the amount is less than Rs.5000 you need not affix any Revenue Stamp.
At present the limit has been changed to Rs 6500.. Am i correct?
I am unable to find Rs 6500 limit under section 53 of this act.
Can i get any link/reference where i can find the amendment related to this if any..
adv. rajeev ( rajoo )
(Expert) 18 December 2012
Now no more revenue stamps, because after the telgi case revenue stamps are stopped, which were selling in the post office, but now these revenue stamps are selling anywhere, no body knows about the revenue stamps whether these are selling on behalf of the govt.,
Raj Kumar Makkad
(Expert) 18 December 2012
rajeev has perfectly replied the query to which I also endorse.