validity of stamp paper in west bengal
akash
(Querist) 25 May 2010
This query is : Resolved
sir, i have made an agreement with my debtor on Rs 10 stamp paper.date of purchase of stamp paper is 20th january 2008 and the agreement was executed on 5th may 2009. Now the validity of my agreement is being questioned as it is being said that the validity of stamp paper is only six months in west bengal.kindly advice that is the validity of stamp paper in west bengal.
akash
(Querist) 25 May 2010
Guest
(Expert) 25 May 2010
As per the registration act, a document has to be presented for registration within 4 months of its' execution. Often this rule is misinterpreted that the stamp paper is valid only for certain period, which is wrong.
Please ask the person to show where it is written that the validity of the stamp paper is only 6 months.
Ashok Yadav
(Expert) 25 May 2010
No there is no validity period for a stamp paper, A stamp paper may be used at any time after purchseing date. Six month time period is fixed for getting refund for unused stamp papers from treasury, after six months refund can not be claimed, but it does not mean that it is limitation period for use of stamp paper. There are judgements of Supreme Court in this regard.
akash
(Querist) 26 May 2010
thank you sir my doubt is solved