The Indian Stamp Act, 1899 (2 of 1899) Bare Act latest 2027

The Indian Stamp Act, 1899 (2 of 1899) published by Whitesmann Publishing (Edition 2027, Book Code: S-16) features an introduction and selected comments by Anoopam Modak. It is fully updated as amended by The Finance Act, 2023 (8 of 2023) (w.e.f. March 31, 2023).

It incorporates crucial subsidiary rules:

• The Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) Rules, 2019 (as amended by G.S.R. 226(E), dt. March 30, 2020)

Key Highlights & Features:

• Landmark Judgments Covered: Includes key rulings such as Bar Council of Uttar Pradesh V. State of U.P. and Anr. (legislative competence to levy stamp duty on the certificate of enrollment issued by the State Bar Council), District Registrar and Collector, Hyderabad Vs. Canara Bank (constitutional validity of Section 73 of the Indian Stamp Act – unchecked power of search and seizure by stamp authorities violates the right to privacy), In Re: Interplay Between Arbitration Agreements and the Indian Stamp Act, 1899 (unstamped arbitration agreements are not void ab initio but suffer from a curable defect), Javer Chand Vs. Pukhraj Surana (once a document is admitted in evidence, its admissibility cannot be questioned at a later stage under Section 36), Avinash Kumar Chauhan Vs. Vijay Krishna Mishra (for any purpose in Section 35 constitutes a complete bar; unstamped documents are inadmissible even for collateral purposes), Hindustan Steel Ltd. Vs. Dilip Construction Co. (the Stamp Act is a fiscal measure to secure revenue, not a weapon to defeat valid claims on technicalities), and Omprakash Vs. Laxminarayan (recitals in an agreement determine the stamp duty; agreement to sell with possession is a “conveyance”).

• Editorial Aids: Features an introduction, short notes/comments, legal maxims, landmark judgments, guidelines by the Supreme Court, legal words and phrases, a list of referred cases, and a subject index.