THE STAMP ACT, 1977 (1920 A. D.)
Section 30. Obligation to give receipt in certain cases.
Any person receiving any money exceeding 1[one hundred rupees] in amount, or any bill of exchange, cheque or promissory note for an amount exceeding 2[one hundred rupees,] or receiving in satisfaction or part satisfaction of a debt any movable property exceeding 2[one hundred rupees] in value, shall, on demand by the person paying or delivering such money, bill, cheque, note or property, give a duly stamped receipt for the same.
Any person receiving or taking credit for any premium or consideration for any renewal of any contract of fire insurance, shall, within one month after receiving or taking credit for such premium or consideration, give a duly stamped receipt for the same.
Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.
Cases citing this section
No order or office report we hold cites this section yet.
Source: Order and office-report PDFs whose text cites the section, read by rule (document_citations); each case through its orders and office reports that carry the PDF