Hello ,
Stamp duty on issue of Bonus shares by private Company
Please suggest how to pay the stamp duty as the number of allotees are more than 10 and amount works out for most of the allottees are below Rs.1/- (i.e 15 paise ) (e.g -5 shares –bonus 3:1-total bonus shares -15-value –fv-10/- Rs.150 –(0.1 % on 150 = 15 paise)
Amount of stamp duty to be paid is ranging from min.15 paise to max.Rs.2550/- total 6400/-
Please suggest how to pay such minimum amount of stamp duty urgently .