Hi members,
When the shares are splitted, we need to pay stamp duty again on the splitted shares, where we already paid stamp duty on shares before splitting.
Can anyone suggest on this.
Thanks & Regards,
Karthik
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Stamp duty on spliting of shares
Replies (1)
NO STAMP DUTY IS NOT TO BE PAID ON THE SPLITTED SHARES. YOU CAN MENTION ON THE CERTIFICATE THAT THEY ARE ISSUED ON SPLITTING OF CERTIFIACTE NO. ________ ON WHICH STAMP DUTY WAS DULY PAID.
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