Under section 32 of the Indian Stamp Act, 1899, who endorses an instrument brought for stamp-duty…
Section 32 directs the Collector to endorse a qualifying instrument if the full chargeable duty has been paid. If the instrument is not chargeable with duty, the Collector…
Choose your answer
Under section 32 of the Indian Stamp Act, 1899, who endorses an instrument brought for stamp-duty adjudication under section 31 when the statutory conditions are met?
Answer and explanation
Correct answer A
Section 32 directs the Collector to endorse a qualifying instrument if the full chargeable duty has been paid. If the instrument is not chargeable with duty, the Collector certifies that fact, subject to the limits in the section.
Option feedback
Option A
Section 32 assigns the endorsement to the Collector.
Option B
Section 56 concerns control by the Chief Controlling Revenue Authority. Section 32 assigns the endorsement to the Collector.
Option C
Section 32 assigns the endorsement to the Collector and gives the District Judge no role in it.
Option D
The section vests the endorsement power in the Collector.
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Himachal Pradesh Judicial Services