Stamp duty
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 September 2011
Sir,
In Pvt Ltd company, If the share transfer form is duly executed with share certificate for transfer and also the stamp duty is paid according 25paise but the seal of company's register office is wrong then can this share transfer be cancelled?
I mean to say register office when transfer of share has been shown was Vadodara and later after three months it had been changed to Ahmedabad, then the seal of company on transfer form with stamp duty should be of vadodara and not of ahmedabad. then this transfer can be cancelled because no form-7c has been applied for late transfer.
Please reply,
In Pvt Ltd company, If the share transfer form is duly executed with share certificate for transfer and also the stamp duty is paid according 25paise but the seal of company's register office is wrong then can this share transfer be cancelled?
I mean to say register office when transfer of share has been shown was Vadodara and later after three months it had been changed to Ahmedabad, then the seal of company on transfer form with stamp duty should be of vadodara and not of ahmedabad. then this transfer can be cancelled because no form-7c has been applied for late transfer.
Please reply,
19 September 2011
The stamp of city should be the one on the day on which the transfer form was signed and when share certificate was issued the common seal should be of that city only.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- F & O PROFIT REPORTING FOR AY 2026-27
- Average Cost Of High Quality Diamonds
- ITR-3 File/Error Found
- Due Date Clarity
- Accounting with Claude
- Banking Related Issue
- Taxability of credit in canara bank ET & T section (NRO)
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
