Capital Increase-Urgent!!

This query is : Resolved

Priya Sharma (Querist)
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27 August 2009 The authorised share Capital of the Pvt. Co in Hyd. is being increased from Rs.6,000,000 to Rs. 12,000,000, how much stamp duty the co. needs to pay for stamping of Form 5???

Pls suggest, its urgent.

Regards

Priya

CS Vandana Kacholia

CS Vandana Kacholia (Expert)
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27 August 2009 Dear Priya,

As per best of my knowledge stamp duty on Form 5 in Hyderabad (A.P.) is 0.15% on increased amount so there are Rs.60,00,000 of increase in Authorised Share Capital so stamp duty in your case will be Rs.9000.

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Thanks & Regards
Vandana Kacholia