cash payment

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(Querist)
04 November 2008 Hi Sir / Madam

I have some confusion in cash payment.
As per my knowledge if payment is above Rs 5000/- then we have to paste revenue stamp & get voucher signed by the receiver & if amount is below than Rs 5000/- then it is not necessary to paste revenue stamp on it. But somebody told me that the limit is Rs 2500/- So I am confused in these amounts.

So Can anybody tell me what is the correct answer.

And If it is Rs 5000/- then how can I proove my Point. i have to Show them something to proove my point.

Regards
Anil
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
04 November 2008 Your understanding is correct. Refer Indian stamp Act 1899.
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