Anchal talwar (Company Secretary) (113 Points)
13 March 2011Dear Members
Please help
What would be rate of stamp duty payable incase of issue of share certificate in noida.
is it Re.1 irrespective of consideration.that means i have to put Re. 1 revenue stamp.
please clarify
Ashish Sharma
(Service)
(1028 Points)
Replied 13 March 2011
I am adding another question, if BOD meeting held in U.P. for share allotment and company registered in Delhi which states Stamp duty will be applicable.
Anchal talwar
(Company Secretary)
(113 Points)
Replied 14 March 2011
Dear members
Plz reply to the above query.
Also confirm what will be rate of stamp duty incase of issue of debentures if board meeting is held in noida.(U.P)
Thanks in anticipation
Anchal
CA Manish Sukhani
(CA, CS, B.com)
(267 Points)
Replied 26 March 2011
As per Indian Stamp Act, 1899, stamp duty shall be payable on instrument where it has bee executed.
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