27 August 2025
Sir Is there any stamp duty on acquisition by a Company of a society registered under societies registration act.. Indian Stamp act also west bengal stamp act do not mention on stamp duty on 'ACQUISITION'.
27 August 2025
The term "acquisition" is not independently defined or listed as a chargeable event in the Indian Stamp Act; what matters is the nature and form of the transfer, not the capacity of the entities involved. If the transfer involves immovable property or other assets, the instrument of conveyance—like a sale deed, transfer deed, or assignment—would be chargeable as per the relevant entry (often under "Conveyance") in the Stamp Act.
Each State has specific rates and requirements for such instruments; however, there is no separate or additional stamp duty simply because the transaction involves a society and a company.