Indian Stamp Act, 1899
Section - 21 - Stock and marketable securities how to be valued
Stock and marketable securities how to be valued.21. Where an instrument is chargeable with ad valorem duty in respect of any stock or of any marketable or other security, such duty shall be calculated on [the market value of such stock or security:][Provided that the market value for calculating the stamp-duty shall be, in the case of-
| (i) | - | options in any securities, the premium paid by the buyer; |
| (ii) | - | repo on corporate bonds, interest paid by the borrower; and |
| (iii) | - | swap, only the first leg of the cash flow.] |
Featured
28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES
T R SOOD & CO
New Delhi
CA Inter
View Details
ARTICLESHIP
28 May 2026
Accounts, Audit & Compliance Executive
Shyam Joshi & Associates
Pune
B.Com
View Details
Featured
27 May 2026
Lead Conversion Executive / Sales Closing Executive
SMJ global advisors pvt ltd
New Delhi
B.Com
View Details
01 June 2026
Audit, Taxation & Compliance Executive
R P S K & Associates
Nashik
CA Inter
View Details
CAclubindia
