Dear MC Dias and Dear Shivam,
According to Section 117 ( iii ) of the Finance ( No. 2 ) Act 2004 ( 23 of 2004), Article 53 of Schedule 1 of the Indian Stamp Act, 1899 receipts for any money or other property, the amount or value of which exceeds Rs. 5000/- will have to be affixed with Revenue stamp of Re.1/-.
Prior to 2001 the amount or value of receipts for money or other property was Rs. 500/- and more.
Thanks and regards.
Keshav Korgaonkar
http://www.shantadurgaent.com,Welcome To Shantadurga Enterprises
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