Calculation of stamp duty amount

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KHUSBU KHEMKA (Querist)
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24 September 2013
Dear friends

In case of gift of shares without consideration, how to calculate the stamp duty value. is it .25% of what?

Since the value to be mentioned in the consideration head in the transfer deed is nil, if i m correct and as we have to pay the stamp duty, hw to calculate it?

Ajay Mishra

Ajay Mishra (Expert)
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24 September 2013 In that case, you will pay gift tax as per the applicable rate in that state.

Stamp duty will be nil.

You will mentioned in Stamp Duty column "N.A.".

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