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Proxy form

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(Querist)
11 June 2012 Why does a proxy form needs revenue stamp pasted on it ? is a proxy form without revenue stamp invaild ?
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Ajay Mishra

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Ajay Mishra (Expert)
11 June 2012 Hi

As per Stamp Act it is required:

Stamp duty on proxy is must under the Stamp Act, and an unstamped proxy will be ignored. (Section 12 of and Article 52 of The Stamp Act).

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