Dear All,
In case of allotment of shares by private placement do we need to pay stamp duty?? if yes what amount and in how many days ?
Dear All,
In case of allotment of shares by private placement do we need to pay stamp duty?? if yes what amount and in how many days ?
Stamp Duty is paid on Issue of Share Certificate and not on 'Allotment of Shares'. Stamp Duty on Share Certificate shall be paid at a rate prevailing as per different states stamp acts
Can u plz guide me the procedure for payment of stamp duty on issue of share certificate ?
It depends on State to State. Some states have online method, some states have offline method. Some states have both.
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Kolkata
CA Inter
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