Criminal Trident Pack: IPC, CrPC and IEA by Sr. Adv. G.S Shukla and Adv. Raghav Arora
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Ashutosh Kumar (Company Secretary)     13 November 2013

Stamp duty on share transfer

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.


 1 Replies

SHIRISH PAWAR, 7738990900 (Advocate)     14 November 2013

stamp duty will be levied on face value or consideration whichever is higher

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