Section 21 Indian Stamp Act Section 21 of the Indian Stamp Act 1899 is about Stock and marketable securities how to be valued. It is under ‘D. —Of valuations for duty’ of CHAPTER II (Stamp Duties) of the Act. Stock and marketable securities how to be valued. Where an instrument is chargeable with ad valorem duty in respect of any…
Section 20 Indian Stamp Act Section 20 of the Indian Stamp Act 1899 is about Conversion of amount expressed in foreign currencies. It is under ‘D. —Of valuations for duty’ of CHAPTER II (Stamp Duties) of the Act. Conversion of amount expressed in foreign currencies. (1) Where an instrument is chargeable with ad valorem duty in respect of any money…
Section 19 Indian Stamp Act Section 19 of the Indian Stamp Act 1899 is about Bills and notes drawn out of India. It is under ‘C. —Of the time of stamping instruments’ of CHAPTER II (Stamp Duties) of the Act. Bills and notes drawn out of India. The first holder in 1[India] of any bill of exchange 3[payable otherwise than…
Section 18 Indian Stamp Act Section 18 of the Indian Stamp Act 1899 is about Instruments other than bills and notes executed out of India. It is under ‘C. —Of the time of stamping instruments’ of CHAPTER II (Stamp Duties) of the Act. Instruments other than bills and notes executed out of India. (1) Every instrument chargeable with…
Section 17 Indian Stamp Act Section 17 of the Indian Stamp Act 1899 is about Instrument executed in India. It is under ‘C. —Of the time of stamping instruments’ of CHAPTER II (Stamp Duties) of the Act. Instrument executed in India. All instruments chargeable with duty and executed by any person in 1[India] shall be stamped before or at…
Section 16 Indian Stamp Act Section 16 of the Indian Stamp Act 1899 is about Denoting duty. It is under ‘B.—Of stamps and the mode of using them’ of CHAPTER II (Stamp Duties) of the Act. Denoting duty. Where the duty with which an instrument is chargeable, or its exemption from duty, depends in any manner upon the…
Section 15 Indian Stamp Act Section 15 of the Indian Stamp Act 1899 is about Instrument written contrary to section 13 or 14 deemed unstamped. It is under ‘B.—Of stamps and the mode of using them’ of CHAPTER II (Stamp Duties) of the Act. Instrument written contrary to section 13 or 14 deemed unstamped. Every instrument written in…
Section 14 Indian Stamp Act Section 14 of the Indian Stamp Act 1899 is about Only one instrument to be on same stamps. It is under ‘B.—Of stamps and the mode of using them’ of CHAPTER II (Stamp Duties) of the Act. Only one instrument to be on same stamps. No second instrument chargeable with duty shall be…
Section 13 Indian Stamp Act Section 13 of the Indian Stamp Act 1899 is about Instruments stamped with impressed stamps how to be written. It is under ‘B.—Of stamps and the mode of using them’ of CHAPTER II (Stamp Duties) of the Act. Instruments stamped with impressed stamps how to be written. Every instrument written upon paper stamped…
Section 12 Indian Stamp Act Section 12 of the Indian Stamp Act 1899 is about Cancellation of adhesive stamps. It is under ‘B.—Of stamps and the mode of using them’ of CHAPTER II (Stamp Duties) of the Act. Cancellation of adhesive stamps. (1) (a) Whoever affixes any adhesive stamp to any instrument chargeable with duty which has been…