revenue Stamp


This query is : Resolved 

(Querist)
20 May 2008 Hello
Revenue stamp should be affixed on every cash payment exceeding 5000. in which company it will be applicable?

20 May 2008 Hin Sayeed,

The said provision is applicable for all companies both public / private.

Rgds/
Vineet

R.V.RAO (Expert)
20 May 2008 STAMP ACT IS APPICABLE IRRESPECTIVE WHETHER IT IS PUBLIC LTD OR PVT. LTD. OR A FIRM OR PROPRIETARY BUSINESS OR ANY OTHER FORM OF ORGANISATION.
R.V.RAO

sayeed (Querist)
22 May 2008 Sir,
Is it compulsory to affix revenue Stamp on each cash voucher on which payment exceeds 5000?


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