Stamo Duty in Amalgamation
This query is : Resolved
Guest
Guest
(Querist)
04 November 2008
A (Gujarat) is amalgamating in B (Chennai) A does not have any property in Gujarat. What would b stamp duty implications?
04 November 2008
What is the amalgamated company? A or B?
Guest
Guest
(Querist)
04 November 2008
A is amalgamating in B
05 November 2008
Then you will have to refer to TN Stamp Act. In TN, as they have not included tranfer by court order as liable for stamp duty, I think the court order itself will be final conveyance of tittle.
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