section 23
Instruments reserving interest.
The Indian Stamp (Chhattisgarh Amendment) Act, 1899Tax189997 sections8 chapters
D. ---Of Valuations for Duty
Statutory text
Where interest is expressly made payable by the terms of an instrument, such instrument shall not be chargeable with duty higher than that with which it would have been chargeable had no mention of interest been made therein.
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