Share Transfer

Tranfer price shall be mutually decided by party, transfer stamps shall be based on consideration, I dont think you can pay consideration to pay off loan, as there are separate rules regulation regarding loan which will effect the transaction.

thanks

Csjyotika

Dear Pooja,

1. Transfer price is to be mutually decided between the parties. It is a commercial call of the parties involved.

2.The Stamp Duty will be on the price at which the shares are transferred.

3.The mode of payment for the agreed consideration is a decision of the parties so long as they are able to support it with adequate documentation. 

Regards

Kamal

It is not necessary dat tranfer price shud be the same as allotment price....it can be higher also and lower also as may be mutually decided by the parties...The stamp duty has to be paid on the transfer price and not on the face value...

The mode of payment is also mutually decided by the parties as per dere convenience...

Regards

Shivi

Agreed with Shivi... rate of stamp duty is 0.25%

also keep in mind that in the case of unlisted companies Transfer deeds are valid for only two months Section 108(1A)