banner_ad

LLP agreement

This query is : Resolved 
Profile Image

Profile Image

(Querist)
03 March 2010 Can anybody tell what is the amount of stamp duty payable on LLP agreement?
Profile Image

Nilesh Shah

Profile Image

Nilesh Shah (Expert)
03 March 2010 Nilesh Shah Writes:

There is no clarity on the payment of stamp duty. In the past 15 years, the device of converting firms into a limited company under Part IX of the Companies Act has been resorted to. The courts have held that there is no transfer on such conversion and stamp duty is not payable.

The High Courts of Andhra Pradesh, Calcutta and Bombay have uniformly taken the view that stamp duty is not payable when a firm is converted into a company under Part IX of the Companies Act.

Sincerely,

Nilesh Shah
Profile Image

Bhakti

Profile Image

Bhakti (Querist)
04 March 2010 Thank you so much for the reply.
But m case is not conversion. It is newly formed LLP and for that i need to know the stamp duty payable. If you know then please advise.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details