Stamp duty on share certificates
Riddhi Jain (Chartered Accountant) (120 Points)
22 March 2016Riddhi Jain (Chartered Accountant) (120 Points)
22 March 2016
Amit Kanunga
(Article Assistant and Post Gradute)
(644 Points)
Replied 22 March 2016
There is no need of paying stamp duty again on Sub-divided share certificates as duty has already been paid on Original Share certificates.
On splitting of Share certificates too no stamp duty is to be paid.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)