09 December 2011
I have filed Form 5 (Increase in authorised Capital) on 18th October, 2011. But form is invalid & not taken in record because of less stamp duty paid. The stamp duty payable is automatically calculate while filing the form & i have paid the same. The company has increased authorised capital from Rs. 4o lacs to Rs. 50 lacs so how much stamp duty i have to pay.whether i have to file new form 5 or have to pay only differential stamp duty.
10 December 2011
Dear Ankita, For calculation of stamp duty you need to specify about the state where the compoany is regisrtered, because Stamp Act is the state act, henceit varies from state to state.
CAclubindia
