Allotment of shares
This query is : Resolved
shilpi Kulshrestha
(Querist)
30 August 2012
We are a private company(100% foreign subsidiary). In March,2012 we have alloted shares to our foreign holding Company.Now we are going to issue Share Certificate.Company's register office is in Delhi and Board meeting for this allotment was held in NOIDA.Now what is the procedure to pay stamp duty for this allotment?
Ajay Mishra
(Expert)
30 August 2012
Hi
If you are allottted shares at Noida, and your regular board meeting is held at Noida, then you past revenue stamp of Rs.1 on share certificate as per article 36 of Schedule IB of Indian Stamp Act, 1899 applicable to Uttar Pradesh.
If you are allottted shares at Noida, and your regular board meeting is held at Noida, then you past revenue stamp of Rs.1 on share certificate as per article 36 of Schedule IB of Indian Stamp Act, 1899 applicable to Uttar Pradesh.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- IMS (import of goods) ITC related
- Capital Gains Tax on Inherited Mutual Fund
- Form 144 TDS Return Validation Error – Mandatory Fields
- LLP audit and disclosure
- GST ITC as per notification 12/2023- central tax
- Rent agreement of House of deceased person
- Form 144 TDS Return Validation error
- GSTR9 Annual Return
- Ito add credit side of bank
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
