Non-payment of stamp Duty on Shares

    Posted By : CS Gaurav / Published on : 09-May-2018 11:12 PM / View : 363 / Comment : 0
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    Dear Professionals, Kindly guide me how to pay late stamp duty on the shares which has already been issued with the sign of directors in December, 2017. The Company has reg. office in Mumbai. The stamp duty value is Rs. 5000/-. Some professionals are of the view that adjudication will be applicable in this case. Kindly guide me in this matter and if adjudication is required than how to go about with adjudication. Do we have to first pay the stamp duty online than go for adjudication or we should apply for adjudication and then the authority will decide the penalty. Thank you in anticipation.
    Read more on : shares duty stamp payment



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