can anyone guide...suppose there is a building and another vaccant land how they will be valued..for the purpose of amalgamation
and also if anyone know rate of duty on amalgamation in madhya pradesh
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valuation of assets in amalgamation
Replies (1)
Dear Rahul,
for land and building take certificate from certified valuer.
for stamp duty issue plz check this:
At present the Stamp Acts of Six States recognize the order of courts as instruments liable to stamp duty, these states are:
- Maharashtra
- Gujarat
- Karnataka
- Madhya Pradesh
- West Bengal
- Rajasthan
Thus, in these six States the scheme of Merger shall be liable to stamp duties.
so plz check stamp act of MP
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