Dear Sir,
Please guide whether revenue stamp of Rs 1.00 is to be charge / recovered on Bonus paid.
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(3303 Points)
Replied 07 November 2015
when you are required to receive any receipt for cash payments or even by cheque, exceeding Rs 5000 or more , non affixing the revenue stamps will make it worthless as far as legal value of the document is concerned.
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