Stamp duty in case of transfer of shares by way of gift

zankhana Trivedi (Company Secretary) (462 Points)

28 March 2012

Can anyone suggest me regarding calcuation of share transfer duty in case of transfer of shares by way of gift in case of private Company?

Thanks & Regards

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2 Replies

Anshu Shrivastava (company secretary) (143 Points)
Replied 28 March 2012

Dear Zankhana the stamp duty payable in case of ransfer of shares by way of gift would be in the same way as in case of other transfers.

CS Ainesh Jethwa (Company Secretary) (29 Points)
Replied 31 March 2012

The rate of Stamp duty will be 0.25% of the Nomimal value of shares ir respective of place of transfer.

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