Can any body tell me about the stamp act applicable in chandigarh and what is the rate of stamp duty payable on the share certificate while issuing shares in Chandigarh??
Thanks & Regards
Randeep Singh Thakur
Randeep (compliance officer) 09 March 2010
Can any body tell me about the stamp act applicable in chandigarh and what is the rate of stamp duty payable on the share certificate while issuing shares in Chandigarh??
Thanks & Regards
Randeep Singh Thakur
CA Adarsh Agrawal (CMD of SHAYVIDZ Group) 09 March 2010
In case of issue of new share certificate the rate of stamp duty is, w.e.f. 01.05.1994, Re. 1 for every one thousand including premium. (i.e. issue value).
CA Adarsh Agrawal (CMD of SHAYVIDZ Group) 09 March 2010
In case of share transfer the stamp duty is 0.25 per Rs.100/-( i.e. per 100 of transfer value and not the face value).
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