Debenture Transfer
This query is : Resolved
18 March 2010
Dear All,
Whether stamp duty is payable when Debenture is transfered from one person to another ? if so what is the rate ?
Some body please help
Regards
P. Raja
Whether stamp duty is payable when Debenture is transfered from one person to another ? if so what is the rate ?
Some body please help
Regards
P. Raja
18 March 2010
Form7C requires stamping and this varies from state to state.u'll have 2 find out from the local stamp vendor.
22 March 2010
Thanks for the reply,Can you please guide me from where I can obtain Form 7C , also please guide me the mode of payment of stamp duty.
Thanks & Regards
Thanks & Regards
23 March 2010
It is form 7B not 7C as stated u can buy the blank form or download it from mca.gov.in then get it stamped by the ROC office. Share transfer agents /stock brokers/stock exchange also keep these validated forms After filling the form u should go for stamping as stamp value depends on the value of the transfer involved.
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