Easy Office
LCI Learning

One person company

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 April 2016 If a person wants to incorporate a One Person Company with his personal fixed assets as capital then will the Transfer of Property Act be applicable and Stamp duty to be paid on such property? (at the time of incorporation).

If after incorporation, the properties are transferred to OPC, will then stamp duty be paid?


18 April 2016 OPC is a separate legal entity , thus on transfer of assets stamp duty would be levied.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query