One property (Immovable - NA Land) was purchased by a Pvt. Ltd. Company at that time Mr. A & B was directors and after that all directors are retired and new directors Mr. C & D appointed
Now whether stamp duty to be paid for that?
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Stamp duty on retirement of all directors and appointment of new directors
Replies (2)
No, i think stamp duty is not mandatory nowadays
Stamp duty to be paid at the time of txn itself ,change of director doesn't attract at all any stamp duty ,if it's subsequent transfer/sale then stamp duty implication will arise !
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