Stamp Duty

This query is : Resolved

Shrisha M (Querist)
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04 March 2010 Hello Sir,

Any body Please Clerified me in applicability of Stamp duties regarding:

1. for issues of Shares
2. For Issues of Debentures
3. For transfer of Shares &
4. For Transfer of Debentures..

Thanking u
Shrisha M

Rasesh

Rasesh (Expert)
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04 March 2010 In Gujarat, For issue of shares and debentures, Re. 1 for every Rs. 1000/- market value. This varies from state to state. Hence, please refer to your state stamp act.

For Transfer of shares: 25 paise for every Rs. 100 of market value. For debentures, I will have to refer.

Shrisha M

Shrisha M (Querist)
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05 March 2010 Okay..
whether transfer of debentures need to file any deed like transfer of shares,? or mere letter containing is sufficient for that?

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