What is the rate of stamp duty to be paid on transfer of shares? Who has to bear the stamp duty..transferor or transferee?
Tara Khandelwal (Student CA Final ) (298 Points)
19 August 2013What is the rate of stamp duty to be paid on transfer of shares? Who has to bear the stamp duty..transferor or transferee?
CA Simarpreet Singh Gulati
(Chartered Accountant)
(530 Points)
Replied 20 August 2013
The stamp duty on transfer of shares is 0.25% and it is borne by the transferor.