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Stamp duty - allotment

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 December 2014 Whether we have to pay stamp duty on allotment of shares directly in Demat Form?

In my opinion, we do not need to pay but FAQ's on NSDL website says yes.

Please clarify
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CS Mitesh Mehta

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CS Mitesh Mehta (Expert)
26 December 2014 yes you have to pay stamp duty on shares allotted in demat mode
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Querist : Anonymous

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Querist : Anonymous (Querist)
26 December 2014 any reference to this plz?
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