What is the use of 500 RS stamp paper?
Asked by: Dr. Dedrick Smitham DVM | Last update: February 19, 2022Score: 4.1/5 (61 votes)
The 500 rs stamp paper pdf is a writable document required to be submitted to the required address to provide certain information. It needs to be completed and signed, which is possible manually in hard copy, or by using a certain software e. g. PDFfiller.
What is the use of an RS 100 and an RS 500 stamp paper?
Judicial Stamp Papers are used for transactions with judiciary in Civil and Criminal Courts. Their denominations can be Rs. 20, 50, 100, 500, 1000, 5000, and 25,000. Non-Judicial Stamp Papers are used for paying tax or any transactions concerning taxes.
What is the purpose of stamp paper?
Stamped paper has been widely used around the world to collect taxes on documents requiring stamping, such as leases, agreements, receipts, court documents and many others.
What is the difference between 50 RS stamp paper and 100 RS stamp paper?
Stamp Paper of Rs. 50 for General Power of Attorney/Agreement. Stamp Paper of Rs. 100 for Indemnity Bond, Guarantee Bond.
What is the difference between different stamp paper?
Stamp Paper of Rs. 20 for Special Power of Attorney. Stamp Paper of Rs. 50 for General Power of Attorney/Agreement.
Judicial and Non Judicial Stamp Paper, Validity of Stamp (173)
What is the difference between 100 and 500 stamp paper?
500/- stamp including Leave and License agreement and not allowed on Rs. 100/- stamp. on Rs. 100/- stamp you can make only affidavit.
What is the value of Rs stamp paper?
A stamp paper is an A4 (foolscap) piece of paper that is pre-printed with a revenue stamp same as the one printed in currency notes or postal stamps. These stamp papers are generally issued by the Government and usually carry the certain value of Rs. 10, Rs.
What is the value of 10 RS stamp paper?
First of all any agreement is valid on stamp paper of rupees fifty . Agreement on rupees ten is not valid. Rupees ten stamp paper is for affidavits and declarations only.
Which stamp paper is used for agreement?
For Karnataka / Bangalore: The standard stamp value is Rs. 100/-, execute the agreement in non-judicial stamp paper. non-judicial stamp paper available at co-operative bank, near property registration office and local court.
What is the difference between judicial and non-judicial stamp paper?
Judicial stamp papers are generally used for a legal purpose or for court cases. ... Non-judicial stamp papers are generally used for documentation like power of attorney, sale deed, rent agreement, affidavits, transfer of immovable property like building, land, mortgage or other important agreements etc.
Is stamp paper legal in India?
The only restriction for a stamp paper is prescribed under section 54 of the Indian Stamp Act. Section 54 provides that an allowance for stamp paper, which is not spoilt or rendered useless or unfit but is not in the immediate use of its purchaser, may be sought for by the purchaser within six months of its purchase.
What is the value of 50 rupees stamp paper?
50 and Rs. 100 stamp paper is Rs. 10 per paper.
What is the difference between the 10 20 50 and 100 RS stamp paper?
Difference between 10, 20, and 50 Rupees Non-Judicial Stamp Paper. The Government collects the revenue through the sale of Non-judicial stamp paper. ... Stamp Paper of Rs. 100 for Indemnity Bond, Guarantee Bond.
How many types of stamp papers are there in India?
The denominations available for these Stamp Papers are Rs. 20, 50, 100, 500, 1000, 5000, 10000, 15000, 20000, 25000. The circulation of Stamp Papers is spiralling downwards as today we are equipped with better a tool, which is the e-Stamp Paper.
Can we use a 100 RS stamp in a money agreement?
Agreements made on white paper are valid. so an agreement made on 100 rupees stamp paper can surely be valid if it fulfills all other conditions under the law and as per the law. But, if the agreement requires to be stamped and registered then it cannot be used as an evidence of proof before a Court of law.
Is agreement valid if not registered?
Validity of an Agreement Without Registration
Sale Agreement, which is not registered, is enforceable in Law, and all stamp shortage charges can be paid through the order of the court. Such agreements stay valid for 3 years from the execution date.
Should will be on stamp paper?
No, there is no legal requirement to register a will. It doesn't even have to be on a stamp paper or notarised.
Is unregistered agreement valid?
Validity of the Unregistered Sale Agreement. Unregistered Sale Agreement is enforceable in Law, and any shortage of stamp charges can be paid through the Court's order. Such an agreement will be valid for three years from the execution date.
Can affidavit be given on plain paper?
Citizens can make affidavit, to be submitted to the state government offices for obtaining various documents, on plain paper instead of stamp paper. The affidavit made on plain paper is valid and accepted in all government offices or court or before the officer of any court."
What is non-judicial stamp?
1. Non-Judicial Stamp Paper. Traditional stamp paper or non-judicial stamp paper is used for sale deeds, transfer of immovable property, affidavits, agreements, deeds, wills, etc. for executing the said documents in States across India.
Can we use two Rs 50 stamp papers instead of 1 Rs 100 stamp paper?
Yes you may. You may use any amount of leaves of stamp papers the total value of which is Rs. 100/-.
What is stamp paper size?
The stamp paper is paper with dimensions 8 ½ and 13 ½ inches. In India, there are two categories of stamp paper, Judicial and non-Judicial stamp papers. In our country, the government collects the revenue by the using the stamp papers.
What is difference between bond paper and stamp paper?
Bond paper is also called as non-judicial stamp or general stamp. These papers will be used for reducing any type of contracts into writing between the parties on the requisite amount of stamp papers as per the Indian Stamp Act.
How do you decide the stamp paper value for a loan Agreement?
The stamp duty is 0.1% on the loan/debt amount if the loan amount is less than rupees ten lakh. However, the minimum stamp duty that has to be paid is rupees five hundred (Rs. 500/-).