Lex comply

    Stamp duty on Bonus issue of Equity shares

    Posted By : damini / Published on : 14-Jan-2020 07:27 AM / View : 1021 / Comment : 0
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    Dear Members,

    We had surplus amount in Security Premium Account, so we have allotted bonus shares to the existing shareholders of 66,95,110 equity shares. Those shares have been transferred into the demat account of shareholders.

    Do we need to pay stamp duty for the same ?
    Read more on : equity shares issue bonus duty stamp



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