Hi,
Supporting document is there and no revenue stamp is affixed on the voucher. Is this legally valid?
Thnks
If the amount of concerned voucher is less than Rs. 5000.00 than the voucher is valid otherwise not.
Yes I am agree with Prateek Kumar Patel.
Yes i agree with the Prateek Kumar Patel.
Revenue Stamp required for transaction above Rs. 5000/-
Yes revenue stamp is required if amount is more than Rs.5000.But while auditing it is not being regarded as a major audit point.It is better to insist the client to follow that practice.
Absence of it is not a big issue. Although, you should insist on implementing it.
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
Gianender & Associates
New Delhi
CA Inter
Chandak Agarwal & Co
Mumbai
Graduate (Any)
Aliens Group
Hyderabad
CA Final
SKSS
Patna
CA
Felicity Adobe LLP
Bengaluru
Keshri & Associates
Thiruvananthapuram
NovumLake Partners
Kinjal H Shah & Co.
CA Foundation
Modal body text goes here.
India's largest network for finance professionals
Alternatively, you can log in using: