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Revenue stamp

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(Querist)
07 June 2015 If payment is made above RS 5000 in cheque, then Whether we should put revenue stamp on the voucher or not?
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CA CMA CS Ram Pavan Kumar Melam

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CA CMA CS Ram Pavan Kumar Melam (Expert)
24 June 2015 The stamp duty has to be paid by the receiver on the amount received in excess of Rs. 500 (normally cash). In case of cheque, it is exempted.

Please cross verify my opinion with respect to the state in which the transaction occurred.

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