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    Stamp Duty in Case of Gift of Shares in UP

    Posted By : SHALU / Published on : 09-Jun-2021 10:12 AM / View : 399 / Comment : 0

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    Friends,

    Please provide your opinions:

    Is it required to pay stamp duty on transfer of shares through gift because as per the amendment in the Indian Stamp Ac t1899 effective from 01.07.2020 it is not required to pay because no consideration is involved in the gift.

    Further, We transfer shares in gift through gift deed so on which value of stamp paper gift deed will be executed in the state of UP.
    Read more on : shares gift case duty stamp

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