Hi
Co's registered office is situated in Delhi. in case of split of share certificate, how much stamp duty is to be paid and also in what manner?
Suman Khurana (ACS) (209 Points)
26 April 2010Hi
Co's registered office is situated in Delhi. in case of split of share certificate, how much stamp duty is to be paid and also in what manner?
No Stamp Duty shall be Paid on the Split of the Share Certificate. As Ownership of the share is not transferred.
Moreover, On the Original Share Certificate has already been paid.
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If you need further clarification than contact me
CS Ankur Shah (Practicing Company Secretary)
“Guru Gautam” Bungalow, Inside Parshwa Tower,
Nr. Shyamal Cross Road, 132ft. Ring Road,
Satellite, Ahmedabad – 15
Contact: + 91-9427633901
E-mail: ankur @ csankur.com, ankurjewel @ gmail.com
Blog: csankur.blogspot.com
Website: www.csankur.com
CA.SKR
(CA; CS-Final (One Group); DISA (ICAI); Insolvency Professional)
(442 Points)
Replied 28 April 2010
Fully agree with the reply of Mr. Ankur Shah.