Q.

What is the stamp duty to be paid in respect of any document executed by any banker financial institution for issuing a debenture or bond?

A. One rupee for every Rs.100 or part thereof.
B. One rupee for every Rs.1000 or part thereof.
C. It shall be exempted from stamp duty.
D. It depends from State to State.
Answer» C. It shall be exempted from stamp duty.
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