Bare ActsThe Kerala Stamp Act, 1959

Section 23

Instrument reserving interest

Amendment status not verified — confirm the current text below against the official source.

Where interest is expressly made paya ble by the terms of an instrument, such instrument shall not be chargeable with duty higher than that with which it would have been chargeable had no mention of interest been made therein.

Section 23 – The Kerala Stamp Act, 1959 | DailyLaw.ai