Land: Stamp Duty

abhishek (Querist) 27 December 2010 This query is : Resolved
when the partners has brought undivided share of land in their individual names as capital in partnership firm. is this constituted as transfer of land and stamp duty is payable on this...

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s.subramanian (Expert) 27 December 2010
No stamp duty is payable since the same is not conveyance.

Kirti Kar Tripathi (Expert) 28 December 2010
Agree with Mr. Subramanian. It is not conveyance.

abhishek (Querist) 29 March 2011
thank you very much sir...

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