section 2
Rates of stamp duty on certain instruments to be increased by 50 per cent
The Tamil Nadu Stamp (Increase of Duties) Act, 1962The original section 2 read as follows :- "2. Rates of stamp duty on certain instruments to be increased by 50 per cent.--Any instrument described in any of the undermentioned Articles of Schedule I to the Indian Stamp Act, 1899 (Central Act II of 1899) (hereinafter referred to as the principal Act) shall be chargeable with one and a half times the amount of the stamp duty with which such instrument was chargeable immediately before the date of the commencement of this Act, and the said articles shall be read and construed accordingly :- Articles 1 to 10, 12, 15 to 20-A, 22 to 24, 26, 28, 29, 31 to 36, 38 to 46, 48, 50, 51, 54 to 60, 62 (b), (d) and (e) and 63 to 65.". In the said section for the portion beginning with the words and figures " Articles 1 to 10 " and ending with the words and figures " and 63 to 65 ", the following was substituted by section 4 of the Indian Stamp (Tamil Nadu Amendment) Act, 1973 (Tamil Nadu Act 27 of 1973), which came into force on the 1st July 1973 :- " Articles 1 to 10, 12, 15 to 17, 18 (a) and (b), 19 to 20-A, 22, 24, 26, 28, 29, 32 (c) (ii), 34, 35 (b) and (c), 36, 38, 39, 40 (b) and (c), 41 to 46, 48 (a) to (d) and (f), 50, 51, 54 (b), 55 to 58, 60, 62 (b), (d) and (e), 64 and 65 ". In the said portion for the expression " Articles 1 to 10 ", the expression "Articles 1 to 4, 6 to 10" was again substituted by section 4 of the Indian Stamp (Tamil Nadu Amendment) Act, 1974 (Tamil Nadu Act 25 of 1974).
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