[pavani akilla]

Dear All,

Can anyone tell me the minimum stamp duty to be paid on transfer of shares

Case:

Transfer of 10 shares @ Rs.10/- each equals to 100/-
0.25% on Rs.100/- comes to 0.25 paise

Is it require to affix the stamp & if required, where this will be available


Its is little urgent

Pavani

[Astarag]

Hi

Stamp must be affixed

& stamp duty should not be less than Rs0.25

it does not say that it should not exceed Rs. 0.25

--
Find eNewsletters of ICSI Mysore at: http://www.icsi.edu/NewsEvents/enewsletters/tabid/1757/Default.aspx AND www.esnips.com/web/icsimysore
 
You received this message as you are subscriber. To unsubscribe email to: csmysore-u...@googlegroups.com

--
with regards,

Cs. P.A. Patnaik

[krishnamurthyvc]

Note that w.e.f 01.06.2010 share valuation is mandatory for transfer of
shares even for private limited companies. then stamp duty shall be
paid on valuation amount, subject minimum consideration of nominal
value of shares.

learned professionals may confirm the same.

Thanks



On Fri, 28 May 2010 11:11:16 +0530 wrote

--
>
Find eNewsletters of ICSI Mysore at:
http://www.icsi.edu/NewsEvents/enewsletters/tabid/1757/Default.aspx
AND www.esnips.com/web/icsimysore
>

>
You received this message as you are subscriber. To unsubscribe email
to: csmysore-u...@googlegroups.com

Krishnamurthy V. C.
Ph:91-80-2679 2387 / 9845816105
email:vckm...@gmail.com