https://www.taxtmi.com/notifications?id=13432 Modifications prescribe stamp duty for marketable transferable debentures as an annual proportion of face value subject to a statutory cap, exclude attached interest coupons from duty calculation, and preserve an exemption for debentures issued under a duly stamped registered mortgage deed when expressed to be issued under that deed. Promissory notes payable otherwise than on demand are made liable to a reduced duty measured as a fraction of the duty applicable to a Bill of Exchange for the same amount payable on demand. en-us Fri, 12 Sep 2008 00:00:00 +0530 Wed, 17 Sep 2008 16:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=13432 Modifications prescribe stamp duty for marketable transferable debentures as an annual proportion of face value subject to a statutory cap, exclude attached interest coupons from duty calculation, and preserve an exemption for debentures issued under a duly stamped registered mortgage deed when expressed to be issued under that deed. Promissory notes payable otherwise than on demand are made liable to a reduced duty measured as a fraction of the duty applicable to a Bill of Exchange for the same amount payable on demand. Notifications Indian Laws Fri, 12 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/notifications?id=13432