Ashutosh Kumar (Company Secretary) 13 November 2013
What should be the value of stamp duty in case of transfer of shares when the consideration amount is less than the face value of the shares? Is the value of the stamp duty be on consideration or, in this case, on face value? Please quote relevant provision or case law.
SHIRISH PAWAR, 7738990900 (Advocate) 14 November 2013
stamp duty will be levied on face value or consideration whichever is higher
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