Monday, March 30, 2020

Amendment to Indian Stamp Act, 1899 applicable w.e.f. 1st July 2020


Amendment to Indian Stamp Act, 1899 applicable w.e.f. 1st July 2020


In exercise of power given by section 11 of the Finance Act, 2019, Ministry of Finance vide notification no S.O. 1226(E) dated 30th March 2020 has notified  amendment in notification of Ministry of Finance published vide S.O. 115(E) dated 08th January 2020.

Effective of Notification No. S.O. 1226(E) dated 30th March 2020
Vide this notification, applicability of provisions of Finance Act, 2019 related to amendment in Indian Stamp Act, 1899 is deferred and now the amendment will be effective from 1st July 2020.


(Source : http://egazette.nic.in/WriteReadData/2020/218957.pdf )


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.