banner_ad

Professioan tax,stamp duty,

This query is : Resolved 
Profile Image

Profile Image

(Querist)
16 November 2007 1.What is the implication if profession tax not remitted in time ?

2.which website will provide stamp duty rates for all states ?

3.If holding company is transffering any fixed asset to its subsidiary.will the holding company has to pay stamp duty ?

4.
Profile Image

R.V.RAO

Profile Image

R.V.RAO (Expert)
17 November 2007 1. under sec 43B THE EXP. GETS DISALLOWED AND WILL BE ALLOWED IN THE YEAR OF PAYMENT.
2. THE INDIAN STAMP ACT 1899 (2 0F 1899) AS AMENDED BY FINANCE ACT 2006 IS FOUND IN
https://finmin.nic.in/the_ministry/dept_revenue/rtiman
OR ELSE SIMPLY TYPE IN GOOGLE SEARCH BAR
THE INDIAN STAMP ACT 1899 (2 0F 1899) AS AMENDED BY FINANCE ACT 2006 .
OR ELSE YOU CAN GO TO TYPE RATES FOR EACH STATE STAMP ACT IN GOOGLE SEARCH BAR AS REGISTRATION RATES FOR TRANSFER OF PROPERTY IS A STATE SUBJECT.
3. I DO NOT THINK HOLDING COMPANY ON TRANSFER OF FIXED ASSETS TO SUBSIDIARY GETS ANY EXEMPTION FROM STAMP DUTY.
ONLY SEZ UNITS,CORPORETISATION OF STOCK EXCHANGES AND DEPOSITORIES OF SECURITIES GET EXEMPTION UNDER INDIAN STAMP ACT.
R.V.RAO
Profile Image

CA. Maulik Dattani

Profile Image

CA. Maulik Dattani (Expert)
17 November 2007 I am also of the same opinion as R.V. Rao has given
Profile Image

o.velavan

Profile Image

o.velavan (Expert)
18 November 2007 i second Mr Maulik Dattani
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
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

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

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

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

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details