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Comments on A look at the provisions of Indian Stamp Act, 1899Displaying 1 - 10 of 11 in 2 pages
GOpal RathnamWrote on 30 November 2012Dear Mr. Rao Share transfer deed is a permitted document for affixing Adhesive stamps under Central aCT. It is listed in Schedule 1 and domine of the Central Government and States have no power to change the central Act. But Karnataka State have totally eliminated adhesive stamps and adhesive stamp is totally removed in the State Act. Is it legal in Karnataka to affix adhesive stamps (purcharsed in TN) and register the trnasfer deed? pls suggeest. In nmy opinion, Shares are movable assets and it can be purtchased and sold any where in India and affixing adhesive stamps is not an offence. Only thing that the companies in Karnatak has to do is to submit the trnafer deed to the collector as per the State Act for endorsement.
PrasannaWrote on 08 August 2012Mr.G.S.Rao .It was a very useful article .I want the latest version of schedule 1 to the indian stamp act and tamilnadu stamp act ... can u help me find it ... thank you ...
abhishekWrote on 24 April 2012can you suggest some highlighted sections of this act,which has more frequent chances to be ask in cs exams
himanshuWrote on 31 May 2011Thank you Sir it gives a really good overview on the subject and the knowledge imparted will help in dealing with it practically and to move to greater depths Regards Himanshu Gaggar uddesh singhWrote on 30 May 2011Nice one... but if you could have specified the slab..or limits that are applicable for affixation of stamps it would have been great.. like revenue stamp are affixed over cash expenses over 5500... plz correct me if i am wrong. |
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