In exercise of the powers conferred by sections 2, 9, 10, 16, 18 37, 49, 55 and 75 of the Indian Stamp Act, 1899 (2 of 1899) and by Notification No. C. 63-Stamps/25, dated the 5th March, 1925, issued by the Government of India, Finance Department (Central Revenues) (Stamps), and also in supersession of all previous rules and orders on the subject issued by the Government of Bengal, the Governor is pleased hereby to make the following rules
West Bengal Stamp (Prevention of Undervaluation of Instruments) Rules, 2001 Published vide Notification No. 821-F.T, dated 1st March, 2001 (w.e.f. 15.03.2001) and published in the Calcutta Gazette Extraordinary, Part 1, dated 5.03.2001. […]
बंबई राज्य में टिकटों और स्टाम्प ड्यूटी से संबंधित कानून को समेकित और संशोधित करने के लिए एक अधिनियम
11. Commencement of this Part. – The provisions of this Part shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint. 12. Amendment […]
The scheme of the Stamp Act may be briefly noticed. Chapter II contains provisions about the liability of the instrument to duty, of the time of stamping instruments, of values for duty […]
Whether ownership in stamp papers passes to stamp vendor when treasury officer delivers stamp papers on payment of price
The ownership in the stamp-papers passes to the stamp vendor when the treasury officer delivers the stamp papers on payment of price less discount. The stamp rules themselves contemplates that what the […]
It is clear therefore that S. 56 (2) deals with cases where there is a doubt in the mind of the collector in regard to an instrument which comes up before him under the above provisions of the Act as to the construction of the instrument and the provisions of the Act applicable to it. Such doubt itself shows that the point raised for the Collector’s decision is a difficult point of law and from the very nature of the duty to be performed in such circumstances it appears clear that the Chief Controlling Revenue-authority has to decide the matter Judicially and would thus be a quasi-Judicial tribunal.
The agreement to sell with possession is an instrument which requires payment of the stamp duty applicable to a deed of conveyance.
Supreme Court in the case of Avinash Kumar Chauhan v. Vijay Krishna Mishra, (2009) 2 SCC 532, in which it has been held as follows: “21. It is not in dispute that […]