Dear All,
This is the query regarding the stamp duty on the transfer of shares of a company which is having immovable property. Kindly, help me on the matter.
If a company is having immovable property in its assets and the shares of that company are transferred from one owner to the other then, whether the stamp duty applicable to the transfer of immovable property is applicable on the transfer of shares or not.
Kindly reply urgently.
Thanks
Komal Gupta
Menu
Change in levy of stamp duty on transfer of shares
Replies (1)
Dear Komal
Pls elaborate your query. Shares is in form of Fixed Assets?
if i invest in Reliance ltd then its by Cash and in Capital Account.
and if comapny is transfering its assests to another then Rate of Stamp duty as per Stamp Duty Act and for prescribed State.
In shares its generally .25% (in Delhi), No stamp duty in Haryana.
So check it with your State
revert me any your elaboration and pls ask any thing / other thing (if any)
Regards
Recent Threads
- Turnover limit for goods & service
- Conversion of old B2Cs invoices to B2B
- Tax implications on brokerage
- Showing f&O loss and intraday profit in ITR
- REBATE RECEIVED FROM FOREIGN PARTY AFTER MAKING PA
- How to fill in csv file for Schedule 112A
- Gst 2a and Gst 3b difference
- What happens if a taxpayer forgets to file ITR but
- ITR 2 / Schedule FA / Income tax
- Best CA Office Management Software Tools for 2025
Related Threads
CAclubindia
