Stamp Act in Debentures

for debentures, rate of Stamp Duty is equal in any state of India.

While the rate of stamp duty on shares is different in different states.

Ankur Shah (Practicing Company Secretary)

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the levy of stamp duty on every type of company is calcuated on the same basis.

Sir

As you said that the stamp duty payable on debentures is the same in every state.......So what is the rate of stamp duty on debentures.??

Rgds

Priya Sharma