Section 2 in The Income Tax Act, 1961
2. Definitions.
In this Act, unless the
reducing the stamp duty on deeds of conveyance from 12.5% to 5%. A high
rate of stamp duty acts as a damper ... maximum sale value and have the sale
deeds registered. Though the reduction of the stamp duty, may result in an
immediate reduction
Mysore Stamp Act, 1957, does not permit the use of adhesive stamps for payment of the stamp duty exceeding 15 naye paise ... Stamp" means impressed stamp and "stamp paper " means a paper bearing the impressed stamp.] [Inserted
purpose
of detection of undervaluation and collection of proper stamp duty.
13.1) In Jawajee Nagnatham, the land owners had appealed to the
Andhra Pradesh ... Stamp Act
for purposes of determining the true market value of the property
disclosed in an instrument requiring payment of stamp duty. Thus
stamps which may be used; (b) in the case of instruments stamped with impressed stamps, the number of stamps which ... Bombay Stamp (Amendment) Ordinance, 2003, in the case of instruments, stamped with impressed stamps, such stamps shall bear the stamp
stamps which may be used; (b) in the case of instruments stamped with impressed stamps, the number of stamps which ... Instrument stamped with impressed stamps how to be written.
- Every instrument written upon paper stamped with an impressed stamp shall
adhesive stamps.
- The following instruments may be stamped with adhesive stamps, namely:- (a) instruments chargeable with the duty of [twenty paise] [Substituted ... where such duty would exceed ten rupees, with a duty of ten rupees. E. Duty by whom payable 30. Duties by whom payable
leviable as per
Section 35 of the Stamp Act means Rs.201900/-
stamp duty will be leviable. In this regard relevant
case ... payment of the stamp duty applicable to a deed of conveyance. Adequate
stamp duty admittedly was not paid. The court, therefore, was empowered
purposes of asset reconstruction or securitisation shall be exempted from stamp duty in accordance with the provisions of section 8F of the Indian Stamp ... otherwise provided to enable the borrower to acquire the tangible asset or assignment or licence of intangible asset, such right, title or interest shall vest
adhesive stamps.
- The following instruments may be stamped with adhesive stamps, namely,- (a) instruments chargeable with a duty not exceeding twenty paise ... Instruments stamped with impressed stamps how to be written.
- Every instrument written upon paper stamped with an impressed stamp shall