Affixing Revenue Stamps

Save Share

This query is : Resolved

Quick Summary

This discussion clarifies the requirement for affixing revenue stamps on salary arrears payments exceeding Rs. 5,000. It confirms that an additional stamp is necessary for such payments, even if the original salary sheets already have stamps. However, if the salary is paid directly into the bank via company cheque, a revenue stamp is not required.

JAIKUMAR.S

JAIKUMAR.S (Querist)

21 June 2022 Is it necessary to affix Revenue Stamp for payment of Arrears Salary(paid for April & May in june) (exceeding Rs.5K) in addition to the Revenue Stamp affixed on the Apr & May Salary Sheets also?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

21 June 2022 Yes, it's required as the present payment exceed the limit.

JAIKUMAR.S

JAIKUMAR.S (Querist)

22 June 2022 Thanks for your reply sir. one more clarification, is it necessary to affix Revenue stamps if the salary is paid directly thro bank(i.e. thro company's yourself Salary
cheque)

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

25 June 2022 No need of revenue stamp in such payment.

JAIKUMAR.S

JAIKUMAR.S (Querist)

25 June 2022 Now got clarified. Thanks a lot Sir.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now