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stamp duty

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 April 2011 A private limited co. is being acquired by an individual completely by purchasing the shares.

in relation to the above is there any need for payment of stamp duty for the Fixed assets acquired of the transferror company under maharashtra stamp duty act
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Amol Gopal Kabra (CA,CS,DISA)

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Amol Gopal Kabra (CA,CS,DISA) (Expert)
03 May 2011 Stamp duty has to be paid at the rates as mentioned in the Schedule to the Bombay Stamp Act applicable to the state of Maharashtra.
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