Indian stamp act
PRAVEEN CHOUDHARY
(Querist) 01 January 2014
This query is : Resolved
Please provide the information regarding
stamp duty to be payable on demand promissory note?
whether it is NIL or Rs. 1 (Revenue Stamp)?
Thanks
ajay sethi
(Expert) 02 January 2014
read provisions of stamp act
T. Kalaiselvan, Advocate
(Expert) 02 January 2014
One rupee revenue stamp affixed and signed on the printed promissory note will suffice the issue.