Stamp duty on FCD

734 views 2 replies

Dear Sir(s)/ Madam,

I would like to have guidence on what will be the stamp duty on FCD. The registered office of the company is situated at mumbai . The issue price of DEB is Rs. 30/-. the total no of DEB will be 33,33,333.

According to me Indian stamp Act, governs Deb as a instrument for stamping( Article 27).The Bombay stamp Act , also governs the same as a instrument.

Kindly provide guidence. Thanking you in anticipation

Regards,

Mandar

 

Replies (2)

Dear Sir/ Madam,

Pls provide guidence,

Regards,

Mandar

 

unquoted FCD will not attract stamp duty under article 27 of SCh 1 to ISA 1898 as these are not marketable

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details