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.
Section 23: Instruments reserving interest.
The Indian Stamp Act, 1899Central Act · Act 2 of 1899
Where this provision sits
| Act | The Indian Stamp Act, 1899 |
|---|---|
| Section | 23 |
| Marginal note | Instruments reserving interest. |
| Jurisdiction | Central |
| Status | In force as published by the source |
| Judgments citing it | 2 |
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