………………………….

Amendment to Maharashtra Stamp Act & Professional Tax Act

Notification No: 32 of 2024

Notification Date: July 31, 2024

Relevant Act: 

  • Maharashtra Stamp Act [BOMBAY ACT No. LX OF 1958]
  • Maharashtra State Tax on Professions, Trades, Callings and Employment Acts, 1975

Relevant Section/Rule:

  • Section 39,48,50 of Maharashtra Stamp Act 
  • Section 27A of Maharashtra State Tax on Professions, Trades, Callings and Employment Acts, 1975

Maharashtra Stamp Act has been amended vide Maharashtra Tax Laws (Amendment) Act 2024 on July 31, 2024 as follows:

  1. Amendments to Section 39: Substitution and Deletion
  2. Replacement of “six months” with “one year” in Sections 48 and 50

Amendment of Maharashtra State Tax on Professions, Trades, Callings and Employment Acts, 1975 by Maharashtra Tax Laws (Amendment) Act 2024 on July 31, 2024, as follows:

  1.  Substitution of clause(h) of Section 27A

Disclaimer: The information contained in this Article is intended solely for personal non-commercial use of the user who accepts full responsibility of its use. The information in the article is general in nature and should not be considered to be legal, tax, accounting, consulting or any other professional advice. We make no representation or warranty of any kind, express or implied regarding the accuracy, adequacy, reliability or completeness of any information on our page/article. 

To stay updated Subscribe to our newsletter today

Explore other Legal updates on the 1-Comply and follow us on LinkedIn to stay updated 

Schedule A Demo