Is there any rate specified for the calculation of Stamp Duty to be paid on transfer of Immovable Assets in a Merger? If not, how is it calculated?
Vipul J. Bhavsar (Practice) (613 Points)
03 June 2009Is there any rate specified for the calculation of Stamp Duty to be paid on transfer of Immovable Assets in a Merger? If not, how is it calculated?
Rahul Laad
(Administrative Head)
(26 Points)
Replied 13 January 2010
The stamp duty payable is state subject, rates you can find in stamp of respective state. In most of the states transfer on merger is liable to stamp duty.
Rahul Laad
B.A. LL.B. LL.M. CS
9302413435
www.laadassociates.com
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