Stamp Duty on Share Transfer as a gift

    Posted By : damini / Published on : 20-Jan-2020 10:16 AM / View : 28 / Comment : 1
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    Is stamp duty require to pay on transfer of shares as a gift ? if yes then on which value?
    Read more on : gift transfer share duty stamp

    • Dear member,

      Yes stamp duty is payable even shares are being transfered as gift. The consideration value will be :-

      Quoted Shares: Market value of the share as on date of transfer

      Unquoted Shares: The fare market value of the shares. One has to get the shares valued by valuer.

      21-01-2020 / 05:26:41 AM
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