Stamp duty on land acquisition due to demerger


This query is : Resolved 

(Querist)
30 October 2012 A listed public company works on dual segment basis, say realty and hospitality and intends to demerge the Company into two one holding the hotel business and the other with the real-estate business. Now, if the Company is demerged and a newly formed company holds the realty business, is the company required to pay stamp duty on the lands that would be transferred in this situation?

@VaibhavJ (Expert)
30 October 2012 Hi

Pl refer ..

https://www.caclubindia.com/articles/incidence-of-stamp-duty-on-merger-demerger--5361.asp#.UI-1qW_A__o

Rgds//Vaibhav
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