Stamp duty
This query is : Resolved
31 October 2008
Is stamp duty leviable on order of High court under section 394 of Co.'s Act for amalgamation of companies on transfer of immovable properties in Delhi?
01 November 2008
Yes
01 November 2008
Yes. as per stamps act any transfer of assets you shd pay stamp duty...transfer during amalgamation attracts Transfer defination of IT(Tax implications are different),,....
so every such transfer shd be pass through stamp duty...
However i came across one article in Hindu
Refer this
https://www.hinduonnet.com/businessline/2003/05/22/stories/2003052200260900.htm
so every such transfer shd be pass through stamp duty...
However i came across one article in Hindu
Refer this
https://www.hinduonnet.com/businessline/2003/05/22/stories/2003052200260900.htm
01 November 2008
The article in Hindu,referred above, is based on the decision in Gemini Silk Ltd Vs. Gemini Overseas Ltd.(2003) 53 CLA 328 (Cal).
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
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Soyabean hsn code and gst rate
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Treatment of Pension ?annuity returns on PMVY
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Long Term Service award taxability in hands of company
- GSTR-4 Annual Return ! Pending Returns for F.Y. 20-21 to 22-23
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Capital Gain on EUITY Shares
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
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
