17 November 2007
1. under sec 43B THE EXP. GETS DISALLOWED AND WILL BE ALLOWED IN THE YEAR OF PAYMENT. 2. THE INDIAN STAMP ACT 1899 (2 0F 1899) AS AMENDED BY FINANCE ACT 2006 IS FOUND IN http://finmin.nic.in/the_ministry/dept_revenue/rtiman OR ELSE SIMPLY TYPE IN GOOGLE SEARCH BAR THE INDIAN STAMP ACT 1899 (2 0F 1899) AS AMENDED BY FINANCE ACT 2006 . OR ELSE YOU CAN GO TO TYPE RATES FOR EACH STATE STAMP ACT IN GOOGLE SEARCH BAR AS REGISTRATION RATES FOR TRANSFER OF PROPERTY IS A STATE SUBJECT. 3. I DO NOT THINK HOLDING COMPANY ON TRANSFER OF FIXED ASSETS TO SUBSIDIARY GETS ANY EXEMPTION FROM STAMP DUTY. ONLY SEZ UNITS,CORPORETISATION OF STOCK EXCHANGES AND DEPOSITORIES OF SECURITIES GET EXEMPTION UNDER INDIAN STAMP ACT. R.V.RAO