Transfer of shares through gift deed
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 January 2016
Do we need to pay stamp duty on transfer of shares through gift deed?
Stamp duty is to be paid on Transfer deed along with the gift deed?
Stamp duty is to be paid on Transfer deed along with the gift deed?
25 January 2016
Stamp duty required to be paid on the value of consideration, therefore as per me in the case of gift value of consideration is NIL so there is no need to make payment of any stamp duty.
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