Revenue stamp for payee acknoledgement

Saroj Rout (CA FINAL) (120 Points)

27 June 2012  

 

in which case one  payee has to give his acknoledgement by signing on a revenue stamp, while receiving payments. wheather it is necessary for payment made in A/c payee cheque to be acknoledged by a revenue stamp.please clarify as per the rules & provisions.

 

Regards 

saroj.