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Daily Archives: June 4, 2017

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Applicability of Stamp duty when signatories are in different states/abroad

Legal and Regulatory aspects of banking, Loans and advancesBy Surendra NaikJune 4, 2017

Stamp duty payable on an instrument/document when joint executants are in different state The section 17 of Stamp act 1899 provides that all instruments chargeable to the duty and executed by any person in India shall be stamped before or at the time of execution of the instrument. Section 19A provides that added stamp duty…

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