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Stamp duty on gift deed of shares in mumbai

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 January 2012 Is stamp duty to be paid for executing gift deed of shares of a private limited company in mumbai
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CA Hardik Bunha

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CA Hardik Bunha (Expert)
16 January 2012 No shares is a movable asset, hence stamp duty will not be applicable

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