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One person company

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 April 2016 If a person wants to incorporate a One Person Company with his personal fixed assets as capital then will the Transfer of Property Act be applicable and Stamp duty to be paid on such property? (at the time of incorporation).

If after incorporation, the properties are transferred to OPC, will then stamp duty be paid?


18 April 2016 OPC is a separate legal entity , thus on transfer of assets stamp duty would be levied.


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