Inscribe Stamp Article For Free

The opening part of Section 35 of the Stamp Act, 1899 provides as follows: 'No instrument chargeable with duty shall be admitted in evidence for any purpose by any person having by law or consent of parties authorized to receive evidence, or shall be acted upon, registered or authenticated by any such person or by any ...

23. Instruments reserving interest. ?Where interest is expressly made payable by the terms of an instrument, such instrument shall not be chargeable with duty higher than that with which it would have been chargeable had not mention of interest been made therein.

Section 40 of the Indian Stamp Act 1899 is about Collector's power to stamp instruments impounded. It is under CHAPTER IV (Instruments Not Duly Stamped) of the Act. Collector's power to stamp instruments impounded.

1. Stamp duty of INR 0.20 per INR 1000 of the sum insured. 2. Stamp duty is to be paid for every new GTL policy.

Section 37 empowers the State Government to make rules providing that where an instrument bears a stamp of sufficient amount but of improper description, the instrument may, on payment of the duty with which the same is chargeable, be certified to be duly stamped; any instrument so certified shall then be deemed to ...

Adhesive stamps refer to stamps stuck on to instruments after the required stamp duty has been paid. These are by far the most common stamps used and are further classified into postal and non-postal stamps. Postal stamps are the stamps that everyone's familiar with and are used for transactions with the post office.

Rs. 10/- Stamp Duty for Affidavit, Undertaking, Declaration, Copy of Partnership Deed. Rs. 20/- Stamp Duty for Special Power of Attorney.

Under section 40, the Collector so receiving the instrument may either certify by endorsement on the instrument that it is duly stamped or not chargeable with duty, or, if he is of opinion that such instrument is not duly stamped, may require payment of the proper duty together with the penalty; and, after the ...

Their denominations can be Rs. 20, 50, 100, 500, 1000, 5000, and 25,000. Non-Judicial Stamp Papers are used for paying tax or any transactions concerning taxes.

The stamp duty on transfer of shares of private limited company is 0.015% of the total market value of the shares.