THE BOMBAY STAMP ACT, 1958 - Igrmaharashtra.gov.in

Explanation.-The certificate of the Collector under section 32 that the full duty withwhich an instrument is chargeable has been paid is an impressed stamp within themeaning of this section.48. Application for relief under section 47 when to be made.The application for relief under section 47 shall be made within the following period, thatis to say, -(1) in the cases mentioned in clause (c) (5), within 2 [six months] of the date of theinstruments:3 [Provided that where an Agreement to sell immovable property, on which stamp duty ispaid under Article 25 of the Schedule I, is presented for registration under the provisionsof the Registration Act, 1908 and if the seller refuses to deliver possession of theimmovable property which is the subject matter of such agreement the application maybe made within two years of the date of the instrument;4 [(2) in the case when for unavoidable circumstances any instrument for which anotherinstrument has been substituted cannot be given up to be cancelled, the application maybe made within six months after the date of execution of the substituted instrument.(3) in any other case, within S[six months] from the date of purchase of stamp.]49. Allowance in case of printed forms no longer required -by corporations.The Chief Controlling Revenue Authority or the Collector if empowered by the ChiefControlling Revenue Authority in this behalf may without limit of time, make allowancefor stamped papers used for printed forms of instrument by any banker or by anyincorporated company or other body corporate, if for any sufficient reason such formshave ceased to be required by the said banker, company or body corporate: provided thatsuch authority is satisfied that the duty in respect of such stamped papers has been dulypaid.__________________________-I. These words were substituted for the words "to be cancelled" by Mah. 27 of 1985, s. 28(b) (ii), (w.e.f. 10-12-1985).2. These words were substituted for the words "two months," by Mah. 27 of 1985, s. 29(a), (w.e.f. 10-12-1985).3. This proviso was added by Maharashtra Tax Laws (Levy and Amendment) Act 16 of1995, s. 2, (w.e.f. 1-9-1995).4. Clauses (2) and (3) were substituted for the original clauses (2) and (3) and the provisothereto by Mah. 27 of 1985, s. 29 (b), (w.e.f. 10-12-1985).5. These words were substituted for the words "one year" by Mah. 18 of 1989, s. 4,(w.e.f.1-12-1989).