Cash payt. excess 5000 of reimbursment require revenue stamp


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Querist : Anonymous

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Querist : Anonymous (Querist)
06 August 2012 sir,

i want to ask one thing, a little being confusion about it.

if a person make payment in cash exceeding 5000 is necessary to stick revenue stamp on voucher.

but is it require to stick on reimbursement of expenditure

07 August 2012 As per the Stamp Act, amount exceeding Rs 5,000 revenue stamp is reqd to be sticked & signed by the receiver...

Reimbursement is ultimately an exp. to the Payer to claim as exp. in it's books of accounts...

Ok


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