Section 78 Indian Stamp Act

Section 78 of the Indian Stamp Act 1899 is about Act to be translated, and sold cheaply. It is under CHAPTER VIII (Supplemental Provisions) of the Act.

Act to be translated, and sold cheaply.

Every State Government shall make provision for the sale of translations of this Act in the principal vernacular languages of the territories administered by it at a price not exceeding ¹[twenty-five naye paise] per copy.

STATE AMENDMENT

ASSAM–

Substitution of section 78.–In the principal Act, for section 78, the following shall be substituted, namely,–

“78. Duty or allowance to be rounded off to 78 the next rupee.–If the total amount of duty payable, or of allowance to be made under this Act is not a round figure, the total amount shall be rounded off the next rupee.”

[Vide Assam Act 22 of 2004, s. 5]

Section 77A Indian Stamp Act

Section 77A of the Indian Stamp Act 1899 is about Saving as to certain stamps. It is under CHAPTER VIII (Supplemental Provisions) of the Act.

Saving as to certain stamps.

All stamps in denominations of annas four or multiples thereof shall be deemed to be stamps of the value of twenty-five naye paise or, as the case may be, multiples thereof and shall, accordingly, be valid for all the purposes of this Act.]

STATE AMENDMENT

Orissa.–

Repeal of section 77-A, (Act 2 of 1899).— Section 77-A of the Indian Stamp Act, 1899 (2 of 1899) (hereinafter referred a to as the principal Act), shall be omitted.

[Vide Orissa Act 9 of 1970, s. 2]

Section 77 Indian Stamp Act

Section 77 of the Indian Stamp Act 1899 is about Saving as to court-fees. It is under CHAPTER VIII (Supplemental Provisions) of the Act.

Saving as to court-fees.

Nothing in this Act contained shall be deemed to affect the duties chargeable under any enactment for the time being in force relating to court-fee.

STATE AMENDMENT

Himachal Pradesh.–

At the beginning of section 77 of the said Act the following words shall be inserted, namely:–

“Except for the provisions as to copies contained in section 6-A”.

[Vide Himachal Pradesh Act 4 of 1953, s. 11]

STATE AMENDMENT

Orissa.–

Section 77-A, Act 2 of 1899.––After section 77 of the principal Act the following new section shall be inserted, namely:–

77-A. Fractions of five naye paise to be rounded off.– In the determination of the amount of duly payable or of allowance to be made under this Act, any fraction of five naye paise shall be rounded off to the next higher five naye paise.

[Vide Orissa Act 35 of 1962, s. 3]

Section 76A Indian Stamp Act

Section 76A of the Indian Stamp Act 1899 is about Delegation of certain powers. It is under CHAPTER VIII (Supplemental Provisions) of the Act.

Delegation of certain powers.

The State Government may, by notification in the Official Gazette], delegate

(a) all or any of the powers conferred on it by sections 2(9), 33(3), ( b ), 70(1), 74 and 78 to the Chief Controlling Revenue-authority; and

(b) all or any of the powers conferred on the Chief Controlling Revenue-authority by sections 45 (1), (2), 56 (1) and 70 (2) to such subordinate Revenue-authority as may be specified in the notification. ] 

STATE AMENDMENT

Uttar Pradesh

Amendment of section 76-A to Act no. II of 1899.–In section 76-A of the Indian Stamp Act, 1899, as amended in its application to Uttar Pradesh, in clause (b) for the figures 56 (1) the figures and letter 56 (1) (1-A) shall be substituted.

[Vide Uttar Pradesh Act 1 of 2016, s. 2]

Section 76 Indian Stamp Act

Section 76 of the Indian Stamp Act 1899 is about Publication of rules. It is under CHAPTER VIII (Supplemental Provisions) of the Act.

Publication of rules.

[(1) All rules made under this Act shall be published in the Official Gazette.]

(2) All rules published as required by this section shall, upon such publication, have effect as if enacted by this Act.

²[(2A) Every rule made by the Central Government under this Act shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.]

³[(3) Every rule made by the State Government under this Act shall be laid, as soon as may be after it is made, before the State Legislature..]

Section 75 Indian Stamp Act

Section 75 of the Indian Stamp Act 1899 is about Powers to make rules generally to carry out Act. It is under CHAPTER VIII (Supplemental Provisions) of the Act.

Powers to make rules generally to carry out Act.

The [State Government] may make rules to carry out generally the purposes of this Act, and may by such rules prescribe the fines, which shall in no case exceed five hundred rupees, to be incurred on breach thereof.

Section 74 Indian Stamp Act

Section 74 of the Indian Stamp Act 1899 is about Powers to make rules relating to sale of stamps. It is under CHAPTER VIII (Supplemental Provisions) of the Act.

Powers to make rules relating to sale of stamps.

The ¹[State Government] ²*** may make rules for regulating

(a) the supply and sale of stamps an stamped papers,

(b) the persons by whom alone such sale is to be conducted, and

(c) the duties and remuneration of such persons:

Provided that such rules shall not restrict the sale of [ten naye paise or five naya paise] adhesive stamps.

Section 73B Indian Stamp Act

Section 73B of the Indian Stamp Act 1899 is about Power to issue directions and to authorise certain authorities to issue instructions, etc. It is under CHAPTER VIII (Supplemental Provisions) of the Act.

Power to issue directions and to authorise certain authorities to issue instructions, etc.

The Central Government may,–

(a) issue directions relating to such matters and subject to such conditions, as it deems necessary;

(b) in writing, authorise the Securities and Exchange Board of India established under section 3 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) or the Reserve Bank of India constituted under section 3 of the Reserve Bank of India Act, 1934 (2 of 1934) to issue instructions, circulars or guidelines,

for carrying out the provisions of Part AA of Chapter II and the rules made there under.]

Section 73A Indian Stamp Act

Section 73A of the Indian Stamp Act 1899 is about Power of Central Government to make rules. It is under CHAPTER VIII (Supplemental Provisions) of the Act.

Power of Central Government to make rules.

(1) The Central Government may, by notification in the Official Gazette, make rules for carrying out the provisions of Part AA of Chapter II.

(2) Without prejudice to the generality of the provisions of sub-section (1), the Central Government may make rules for all or any of the following matters, namely:–

(a) the manner of collection of stamp-duty on behalf of the State Government by the stock exchange or the clearing corporation authorised by it, from its buyer under clause (a) of sub-section (1) of section 9A;

(b) the manner of collection of stamp-duty on behalf of the State Government by the depository from the transferor under clause (b) of sub-section (1) of section 9A;

(c) the manner of collection of stamp-duty on behalf of the State Government by the depository from the issuer under clause (c) of sub-section (1) of section 9A;

(d) the manner of transfer of stamp-duty to the State Government under sub-section (4) of section 9A;

(e) any other matter which has to be, or may be, provided by rules.]