Stamp duty on issue of shares
This query is : Resolved
19 September 2011
Whether stamp duty is applicable on demat equity shares issued on preferential basis?
Regards,
Rishi
Regards,
Rishi
20 September 2011
No stamp duty is not required to be paid if shares are issued in Demat mode and there is no share certificate involved.
RG
RG
Message likes :
1 times
28 September 2011
Thanks Vishrut and Richank,
Dear Vishrut, could you please specify the provision which make the payment of Stamp duty compulsory?
Regards,
Rishi
Dear Vishrut, could you please specify the provision which make the payment of Stamp duty compulsory?
Regards,
Rishi
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