Power to stamp -lndian stamp act

Introduction Instruments that are not properly stamped are not admissible in evidence, etc. — No laborious instrument shall be permitted as evidence for any purpose by any person legally entitled or the permission of the organizations to obtain evidence, or to be prosecuted, registered or authorized by any. That person or any government official, unless... Continue Reading →

Prosecution for offence against Stamp-law.

The prosecution or the imposition of a fine under this Chapter in respect of any instrument shall not preclude the prosecution of any person who appears to have committed an offense under the Stamp Act in respect of that instrument:Provided that no such prosecution will be instituted in the case of any instrument for which... Continue Reading →

Prosecution for offence against Stamp-law.

The prosecution or the imposition of a fine under this Chapter in respect of any instrument shall not preclude the prosecution of any person who appears to have committed an offense under the Stamp Act in respect of that instrument Provided that no such prosecution will be instituted in the case of any instrument for... Continue Reading →

Instruments unduly stamped by accident

Introduction If any service fee is payable and is not properly sealed, which is not a payable instrument 1 [and not more than ten pledges or paise] or a letter of exchange or a letter of promise, it is displayed by any person at his or her request before the Collector within. Within one year... Continue Reading →

Power of the collector to stamp impounded instrument

Introduction From section 38 of the Constitution provides for the procedure for dealing with detained tools. Section 40 gives the Collector the power to certify as a properly sealed instrument and if the instrument is not properly stamped, it is empowered to collect the missing stamp fee and fine and issue a certificate. Collector (a)... Continue Reading →

Power of the collector to stamp impounded instrument

Introduction From section 38 of the Constitution provides for the procedure for dealing with detained tools. Section 40 gives the Collector the power to certify as a properly sealed instrument and if the instrument is not properly stamped, it is empowered to collect the missing stamp fee and fine and issue a certificate. Collector (a)... Continue Reading →

Power of the Collector to Stamp Impounded Instrument

Introduction From section 38 of the Constitution provides for the procedure for dealing with detained tools. Section 40 gives the Collector the power to certify as a properly sealed instrument and if the instrument is not properly stamped, it is empowered to collect the missing stamp fee and fine and issue a certificate. Collector (a)... Continue Reading →

Recovery of Duties and Penalties in Indian Stamp Act

Introduction It is present in section 48 of lndian stamp act. All duties, penalties and other fees required to be paid under this Chapter may be obtained by the Collector through stress and sale of personal property to be paid to him, or by any other means in the process of repayment of land income... Continue Reading →

Time limit of Indian Stamp Act

Introduction The Indian Stamp Act of 1899, is the applicable law of the Government of India for the imposition of stamp duty on recording instruments. What is validity of stamps According to Section 54 of the Indian Stamp Act, if you do not use the stamp immediately, you can return it to the collector within... Continue Reading →

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