Payment of stamp duty
Rajesh Naik
(Querist) 19 May 2014
This query is : Resolved
Kindly provide me the information as,
whether a director of company can pay the stamp duty in his name, to purchase the property in the name of his company? The property & Company both are situated in maharashtra.
Thanks in advance.
Devajyoti Barman
(Expert) 19 May 2014
Yes, Directer can pay stamp duty in his own name.
Rajendra K Goyal
(Expert) 19 May 2014
Stamp papers are to be purchased in the name of the Company.
T. Kalaiselvan, Advocate
(Expert) 20 May 2014
There is nothing wrong in it, provided the director does it in the benefit of the company alone.