The Indian Stamp Act,1899
madhya-pradesh · 1899
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1Section 1 states that there is no pending court case or dispute about the land to be partitioned.
- S. 2the land being partitioned is not within the provisions of ceiling
- S. 4Several instruments used in single transaction of sale, mortgage or settlement
- S. 5Instruments relating to several distinct matters
- S. 6Section 6 of the Indian Stamp Act, 1899 (Madhya Pradesh) determines that instruments falling under multiple descriptions are charged the highest duty, and duplicates of stamped instruments are charged the same duty as the original.
- S. 7Policies of sea insurance
- S. 8—
- S. 8ASection 8A exempts certain securities transactions from stamp duty under the Indian Stamp Act, 1899.
- S. 9Power to reduce, reduce, remit 0r compound duties
- S. 10Section 10 outlines how stamp duties are paid and allows cash payments if there's a temporary stamp shortage.
- S. 11Section 11 allows adhesive stamps for specified instruments like low-duty documents, bills of exchange, and notarial acts.
- S. 12Section 12 mandates the cancellation of adhesive stamps on executed instruments to prevent reuse.
- S. 13Section 13 specifies that stamped instruments must be written so the stamp is visible and cannot be reused.
- S. 14Section 14 prohibits writing a second chargeable instrument on the same stamped paper, except for duly stamped endorsements or non-chargeable acknowledgments.
- S. 15Section 15 deems instruments violating prior sections 13 or 14 as unstamped.
- S. 16Section 16 specifies that the duty on an instrument is determined by the actual duty paid.
- S. 1879Section exempts local authorities' bonds, debentures, or securities from stamp duty and further charges, with penalties for non-payment.
- S. 1994Section appoints Deputy Inspector General of registration as Collectors under the Indian Stamp Act within their jurisdiction.
- S. 2000— In exercise of the powers conferred by clause (a) of sub-section 1 of Section 9 of the Indian Stamp Act, 1899 (No