State Act

23

Section 23. Instruments reserving interest.

The Maharashtra Stamp Act

Act no. 60 of 19581958In forceMaharashtra (State Act)

23. Instruments reserving interest.— Where interest is expressly made payable by the terms of an instrument, such instrument shall not be chargeable with duty higher than that which it would have been chargeable had no mention of interest been made therein.