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FORM NO. 2 ADVANCE RECEIPT PART-I Ref. No. Received a sum of Rs. () from the Institute of Chartered Accountants of India against (Need ? Based and weaker sections scholarship / Merit / Merit come
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An advance stamp receipt is a document used to acknowledge the payment of stamp duty on certain transactions or documents in advance. It serves as proof that the necessary stamp duty has been paid before the actual transaction is executed.
Individuals or entities that are involved in transactions requiring the payment of stamp duty, such as property sales, leases, or contracts, are typically required to file an advance stamp receipt.
To fill out an advance stamp receipt, you need to provide details such as the name and address of the payer, the nature of the transaction, the amount of stamp duty paid, and any relevant dates. Ensure that all required fields are accurately completed and legible.
The purpose of an advance stamp receipt is to serve as evidence that the appropriate stamp duty has been paid in advance, thus facilitating legal compliance and preventing penalties associated with unpaid stamp duty.
The information that must be reported on an advance stamp receipt includes the payer's details, transaction description, the amount of stamp duty paid, the date of payment, and any reference numbers or additional notes required by local regulations.
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