section 4
Amendment of section 5, Rajasthan Act No. 14 of 1999
The Rajasthan Finance Act, 2020Tax202030 sections4 chapters
Chapter II AMENDMENT IN THE RAJASTHAN STAMP ACT, 1998
Statutory text
In section 5 of the principal Act, after the existing sub-section (2), the following new sub-section shall be added, namely:- "(3) Notwithstanding anything contained in sub-sections (1) and (2), in the case of any issue, sale or transfer of securities, the instrument on which stamp duty is chargeable under section 9A of the Indian Stamp Act, 1899 (Central Act No. 2 of 1899) shall be the principal instrument for the purpose of this section and no stamp duty shall be charged on any other instruments relating to any such transaction.".
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