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Stamp duty on Share Transfer

This query is : Resolved 
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(Querist)
27 May 2010 Dear Sir/madam,

Stamp duty for market value of Rs.1000/- OR PART THEREOF is 25 paise.

What will be stamp duty for :

MV of Rs.1250/- = ?

MV of Rs.1500/- = ?

MV of Rs.1850/- = ?

Kindly claify.

Regards,
Vignesh.J

P.S. - Real Query being What does PART THEREOF signify?
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Rasesh

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Rasesh (Expert)
27 May 2010 In all the cases the answer is 50 paise.

Part thereof means amount less than 1000

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