Section 22 Indian Stamp Act
Section 22 of the Indian Stamp Act 1899 is about Effect of statement of rate of exchange or average price. It is under ‘D. —Of valuations for duty’ of CHAPTER II (Stamp Duties) of the Act.
Effect of statement of rate of exchange or average price.
Where an instrument contains a statement of current rate of exchange, or average price, as the case may require, and is stamped in accordance with such statement, it shall, so far as regards the subject-matter of such statement, be presumed, until the contrary is proved, to be duly stamped.