Stamp Act, 1899

Section 54

Duty on instruments executed by or on behalf of a company

⚡ Quick Answer Reference: Section 54 Stamp Act, 1899

Provision: Section 54 of Stamp Act, 1899
Act: Stamp Act, 1899
Classification: tax
Jurisdiction: India

Statutory Content

What does Section 54 of Stamp Act, 1899 say?

Where any instrument is executed by or on behalf of a company, the duty thereon shall be paid by the company, and the instrument shall not be registered until the duty has been paid. The duty shall be calculated at the rate at which it would have been payable if the instrument had been executed by a private person.

Indian StandardSection 54, Stamp Act, 1899

Bluebook (21st ed.)Stamp Act, 1899, § 54 (India)

Court Pleading StandardSection 54 of the Stamp Act, 1899

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗

Common Questions about Section 54 Stamp Act, 1899

What is Section 54 of Stamp Act, 1899?

Section 54 of the Stamp Act, 1899 (Stamp Act, 1899) defines and regulates "Duty on instruments executed by or on behalf of a company". The section states: Where any instrument is executed by or on behalf of a company, the duty thereon shall be paid by the company, and the instrument shall not be registered until the duty has been pai...

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