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Karthik Jayaraman
Hi Please tell whether to affix revenue stamp in my rent receipt for Rs 2500 per month. and also please tell me what is the maximum amount upto which Revenue stamp is not necessary in a receipt
From India, Ludhiana
sateesh_sala
2

Hi Karthik,
i think that u wnat to have a receipt for rent which has to be submitted for IT/ any other purpose. the matter should be on a ledger folio paper or otherwise on a white paper. after the completion of the matter. it should bear the revenue stamp other wise it would be of no use.
you have to stick the revenue stamp on right side corner of the page and half of the signature should be on the stamp and remaining on the paper
as regards ur value of receipt it is ok if it is Re1/ stamp.
trusting that i have clarified well.
Regards,
s.sateesh

From India, Hyderabad
Rajsandhya
Hi Kartik, Upto Rs. 500 is exempted to affix revenue stamp in rent receipt or any other things that you paid in your day to day expenses. beyond this, it is mandatory to affix the same. regds- ranjan
From India, Gurgaon
nishikant
21

Hello Friend,
Just an update on the amount:
" As per Indian Stamp Act , certain receipts should have to be affixed with stamp. Section 2(2 3) of the Indian Stamp Act 1899 makes it mandatory for affixing of stamp on any receipt as defined therein above Rs 5000 .[Previously it was Rs 500]"
Regards
Nishikant

From United States, Greensboro
Rajsandhya
Hi Nishikant, You want to say that it is upto us we affixed stamp or not on receipt below Rs. 5000/- ranjan
From India, Gurgaon
Azim-ur-rehman Ansari
2

Hi everbody
Upto Rs. 5000/- there is no need to fix revenue stamp.
regards
A. R. Ansari
Manager _ HR
Avaant Pahrmacuticals Pvt. Ltd.
301-306, Neelkanth comm. Centre
122, Andheri - Sahar Road
Andheri (E)
Mumbai - 400 099
022 - 2835 4415
e-mail :

From Qatar, Doha
ravinarayan88
Dear All We file bills against expense payments if the bill is provided Kindly advise whether stamp to be affix on bill or either an voucher is required Kindly revert
From India, Bhopal
madhuraparab
12

Dear All, Is it necessary to fix a stamp on sal register over Rs.5000/- Actually there is no enough sapce to fix a stamp. What do I Do? Regards Madhura
From India
hemang007
Dear Freinds,
In view of the amendment of Schedule I, to the Indian Stamp Act 1899, the one-rupee stamp is required to be affixed on any receipt, the amount or value of which exceeds Rs 5,000. This amendment has come w.e.f. 10.09.04. The stamp is required to be affixed in respect of receipt which has been defined as under in Section 2(23) of the aforesaid Act.
Regards,
Hemang

From India, Mumbai
New 2 HR
2

Dear All, If i visit a restaurant and my bill is 7000 then is it mandatory on the part of the owner to issue a bill with a revenue receipt??
From India, Mumbai
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