Is there is any amendment in Sec 2(23) of Indian Stamp Act regarding revenue stamp is not attached as Cash Payment of Rs 5000/- is not complusory.
Karan Gupta (CA FINAL STUDENT) (414 Points)
17 January 2013Is there is any amendment in Sec 2(23) of Indian Stamp Act regarding revenue stamp is not attached as Cash Payment of Rs 5000/- is not complusory.
mounika
(semi qualified chartered accountant)
(981 Points)
Replied 17 January 2013
to the best of my knowledge postal stamp is a must for cash payments xceeding 5000/-. any rectifications are allowed.
CAclubindia
