We are collect Rs. 1/- from employee and paid to revenue department, it is a correct procedure? (Salary transfer from bank)
Amol Patil (Executive - Accounts) (52 Points)
29 August 2012We are collect Rs. 1/- from employee and paid to revenue department, it is a correct procedure? (Salary transfer from bank)
CA Ram
(CA)
(310 Points)
Replied 29 August 2012
if salary is paid through cheque / direct credit to the account there is no need to pay any stamp duty. If amount is paid in cash then only stamp duty is need to pay...
CAclubindia
