Stamp duty
This query is : Resolved
08 January 2011
should a company has to pay any stamp duty at the time of allotment of shares?
08 January 2011
Yes
when the stamp duty to be paid for the share certificate issued to the share holders.
when the stamp duty to be paid for the share certificate issued to the share holders.
08 January 2011
Let me know how much stamp duty is payable at the time of issuing share certificate??
08 January 2011
Varies from state to state. To be determined as per the respective state stamp act. For example in Delhi,rate of Stamp Duty to be paid is Re. 1 per Rs. 1000/-
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