Mr. Raj Patel (Finance Professional) (71 Points)
27 April 2016
RAHUL
(Student CA Final )
(377 Points)
Replied 27 April 2016
1. No stamp duty in my opinion.
2. The assets will be taken over by the company.
3. Yes, the valuation of assets (net off liabilites) will turn into the capital of the company.
Mr. Raj Patel
(Finance Professional)
(71 Points)
Replied 27 April 2016
will the transfer of assets (immovable property) attract any stamp duty?
Pratik Shah
(Practising Company Secretary)
(4432 Points)
Replied 28 April 2016
Transfer of Immovable Propertry from Firm or Individual to a Company will surely attract a Stamp Duty.
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