cpc

transfer of property to subsidiary company

Director

Whether stamp duty is leviable on transfer of immovable property by a holding company to a subsidiary company in the state of Uttar Pradesh. If no, is there any concessional rate prescribed for it?

 
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Adv P & H High Court Chandigarh

Stamp duty is required to be leveied in ur case in UP and there is no special concession.

 
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