Stamp Act in Debentures

Others 855 views 3 replies

CA CS CMA LLb M.Com

1289 Points Joined March 2009

Whether provisions of Stamp Act is equally applicabe to Debentures a that of Shares.

Please answer with keeping in mind that debentures are issued by -

1) Listed Public Company

2)unlisted Public Company

3) Private limited Company

Replies (3)

Guest

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)

“Guru Gautam” Bungalow, Inside Parshwa Tower,

Nr. Shyamal Cross Road, 132ft. Ring Road,

Satellite, Ahmedabad – 15

Contact: + 91-9427633901

E-mail: ankurjewel @ gmail.com

Guest

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

Company Secretary & Student.MBA

998 Points Joined January 2009

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

Your are not logged in . Please login to post replies

Click here to Login / Register