A govt company wholly owned subsidiary of another govt company allot equity shares ( unlisted shares)
under right issue to parent company situated in Mumbai
Is govt company ( subsidiary company) required to pay stamp duty in Mumbai pursuant to allotment under right issue
Or is it exempt from stamp duty
Note : subsidiary govt company is wholly owned subsidiary of parent govt company

Because exemption is not clearly provided anywhere and as per recent amendment centre has provided uniform stamp rate on issuance/ transfer of shares w.e.f.2020

Urgent resolution required


Please help in this matter .

can i purchase property in the names of spouse and daughter from my account without violating benami trnsaction act 2016

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IF, YES THEN WHAT IS THE PROCEDURE FOR THE SAME PLEASE EXPLAIN IN DETAIL WHETHER THROUGH ANY SOFTWARE OR THROUGH ONLINE UTILITY.

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Can anyone please suggest.
If we have 24.40 cr creditors, 10.70 cr debtors, 21.64 cr stock, 1.35 cr bank balance and 8.42 cr bank over draft, what should be our finance planning for clearing the debts.
M Husain
+919427737200
muhammadhusaindhada@gmail.com

Please send me the format as well
sachinperiwal6@gmail.com