Taxmann's Indian Stamp Act 1899 with Rules – Bare Act with Section Notes

Indian Stamp Act 1899 with Rules [Bare Act with Section Notes ] by Taxmann is a comprehensive resource that presents the statutory provisions, as amended up to date. It compiles the exact text of the law and its accompanying rules, including the Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) Rules, 2019. In addition, it provides section-by-section notes to guide readers through the complexities of the statute. This publication aims to serve as an authoritative reference for anyone seeking clarity on the legal framework governing stamp duties in India, offering insights into the historical evolution, contemporary amendments, and day-to-day applications of the law. The edition ensures that users understand core statutory provisions and the latest executive or regulatory guidelines by including relevant rules.

This book is intended for the following audience:

• Legal Practitioners & Law Firms – Lawyers, advocates, and solicitors who frequently deal with property transactions, conveyancing, civil litigation, and corporate documentation and need to interpret the Stamp Act's provisions accurately
• Corporate Entities & Financial Institutions – Companies, banks, depositories, and clearing corporations that regularly handle high-value transactions and need to ensure compliance with stamping requirements, especially under the new collection and transfer rules
• Judicial & Quasi-Judicial Authorities – Judges, judicial officers, and officials in revenue departments who require an up-to-date reference for adjudicating and ruling on stamp duty issues
• Public Offices & Administrators – Government or public office personnel in charge of maintaining and verifying compliance with stamp duty laws will find this volume indispensable
• Academicians & Students – Professors, law students, and researchers focusing on taxation, property law, and fiscal legislation who need a comprehensive primary reference source

The Present Publication is the 2025 Edition, covering the amended and updated text of the Indian Stamp Act [Act No. 2 of 1899 ] and Rules, with the following noteworthy features:

• [Section Notes & Commentary] Each section of the Indian Stamp Act 1899 is followed by clarifying notes to aid readers in understanding the nuances of the law
• [Coverage of Amendments] Incorporates the recent legislative changes and crucial amendments, including the Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) Rules, 2019
• [Pre-amendment Provisions] Incorporates the text of provisions as they existed prior to the amendment in the respective amendment footnotes, enabling the reader to understand the legal position before the amendment and its applicability during the pre-amendment period
• [Practical Insight on Duties] Contains guidelines on the chargeability of instruments, remission of duties, adjudication procedures, and clarifications on powers of revenue authorities
• [Relevant Rules & Forms] Includes the text of the Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) Rules, 2019, with appended forms, ensuring that compliance procedures are readily accessible
• [User-friendly] The Bare Act format helps readers quickly locate the original text while the notes provide clarity, making it easy to reference in both litigation and transactional contexts
• [Up-to-date & Authoritative] Being published by Taxmann, known for reliable legal and tax commentaries, guarantees the authenticity and timeliness of the content

The structure of the book is as follows:

• Full Text of the Indian Stamp Act, 1899
• Includes all chapters from the Preliminary (definitions, scope) to provisions on Criminal Offences, Procedures, and Supplemental Provisions
• Summaries of important case laws embedded in the commentary, where relevant
• Detailed Notes Under Each Section
• Illustrative notes for better comprehension of the practical interpretation
• References to landmark judgments, if any, explaining how courts have interpreted specific provisions
• Inclusion of Related Rules
• Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) Rules, 2019: Helps clarify the obligations of market intermediaries like stock exchanges and depositories for collecting and transferring stamp duties
• Rules pertaining to the sale of stamps, allowances for spoiled/misused stamps, and relevant definitions to ensure compliance
• Schedules
• Schedule I (Rate of Stamp Duties on Instruments) with item-wise breakdown
• Subject Index & Cross-References
• Detailed index for quick navigation
• Cross-reference of sections to facilitate a thorough legal analysis