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Stamp Duty

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(Querist)
25 February 2008
if a Pvt Ltd co. is trf of land (stock in trade) in a partneship firm as a capital contribution then on this transaction stamp duty will be attract or not.if attract then what will rate of stamp duty under indian stamp act
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
25 February 2008 If the land is transferred to the partnership firm, then stamp duty is applicable. Stamp duty is according to the State laws
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CA Saurabh Maheshwari

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CA Saurabh Maheshwari (Expert)
26 February 2008 STAMP DUTY SHALL BE APPLICABLE
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