Followers

Monday 30 March 2020

Amendments to Indian Stamp Act, 1899 applicable wef 01.07.2020


Financial Year rubber stamp Royalty Free Vector Image

Changes VIDE Section 11 of Finance ACT

Amendments to Indian Stamp Act, 1899 which were notified by Finance Act, 2019 (7 of 2019).


Applicable from 01.07.2020

·       Overview

MINISTRY OF FINANCE vide  Gazette id No. CG-DL-E-30032020-218957  and GSR No. S.O. 1226(E) issued dated 30th March, 2020, has published amendments in the notification of the Government of India, Ministry of Finance, published in the Gazette of India vide S.O. 115 (E), dated the 8th January, 2020 namely in exercise of the powers conferred by section 11 of the Finance Act.
·       Applicability:
They shall come into force on the date of their publication in the Official Gazette, i.e. 30th day of March, 2020.
·       Change via this amendment

Amendments to Indian Stamp Act, 1899 which were notified by Finance Act, 2019 (7 of 2019).


In the said notification, for the words and figures “the 1st day of April 2020, the words, figures and letters “the 1st day of July 2020” shall be substituted.

·         In the previous notification Ministry of Finance, published in the Gazette of India vide S.O. 115 (E), dated the 8th January, 2020 it was written as :


In the said notification, for the words and figures “the 9 day of January, 2020”, the words, figures and letters “the 1st day of April, 2020” shall be substituted.


Read full notification / gazette with formats at :


Note : The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide number S.O. 4419 (E), dated the 10th December, 2019 and subsequently amended vide notification dated 8th January, 2020, published vide number S.O.115 (E) dated the 8th January, 2020.

Disclaimer:
IN NO EVENT THE AUTHOR SHALL BE LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL OR INCIDENTAL DAMAGE RESULTING FROM OR ARISING OUT OF OR IN CONNECTION WITH THE USE OF THIS INFORMATION.

No comments:

Post a Comment

OPC Annual Filing 2023

OPC Annual Filing 2023: Key Summary q   Define One Person Company: Sec 2(62) "One Person Company" means a company which has on...